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Fidelity's Timmer Flags Bitcoin (BTC) Stock Correlation Jump After 5.4% Slide

COINOTAG·November 11, 2026·1 min read
Fidelity's Timmer Flags Bitcoin (BTC) Stock Correlation Jump After 5.4% Slide

Fidelity macro chief Jurrien Timmer says Bitcoin's correlation with stocks jumped, with an ex-AI basket hitting 40% correlation. BTC trades near $73,700 after a 5.4% slide, with the Fear & Greed index at 29, indicating fear. The convergence suggests Bitcoin is trading more like a risk asset.

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