Panic Mode? Analyst Points to ‘Imminent’ Stock Market Meltdown Over Recent BTC Market Signal

Bitcoin recent price slide could mean that the stock market’s benchmark index, the S&P 500, may be about to drop significantly as well, as the two assets often move in tandem as investors with greater risk appetite bet on both. According to Barry Bannister, managing, managing director and chief equity strategist at Stifel, Bitcoin’s recent […] source: https://www.cryptoglobe.com/latest/2024/07/panic-mode-analyst-points-to-imminent-stock-market-meltdown-over-recent-btc-market-signal/