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Coinbase Bitcoin Correlation Sits at 0.61 as Stock Volatility Doubles

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Coinbase’s stock is on a tear again, and the reason is no secret: Bitcoin just pushed past $80,000. But the more interesting story sitting underneath that rally is how tightly — or loosely — Coinbase shares actually track the world’s larges…

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Coinbase Bitcoin Correlation Sits at 0.61 as Stock Volatility Doubles
Cryptonomist 2h ago

Coinbase Bitcoin Correlation Sits at 0.61 as Stock Volatility Doubles

Coinbase’s stock is on a tear again, and the reason is no secret: Bitcoin just pushed past $80,000. But the more interesting story sitting underneath that rally is how tightly — or loosely — Coinbase shares actually track the world’s larges…