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Fund managers dump US stocks at record pace — Can recession fears hurt Bitcoin?

Cointelegraph.com NewsBitcoin’s (BTC) price action has closely mirrored that of the US equity market in recent years, particularly the tech-heavy Nasdaq and the benchmark S&P 500. Now, as fund managers stage a historic exodus from US stocks, the question arises: could Bitcoin be the next casualty?Fund managers dump US stocks at record monthly paceInvestors slashed their exposure to US equities by… 

​Bitcoin’s (BTC) price action has closely mirrored that of the US equity market in recent years, particularly the tech-heavy Nasdaq and the benchmark S&P 500. Now, as fund managers stage a historic exodus from US stocks, the question arises: could Bitcoin be the next casualty?Fund managers dump US stocks at record monthly paceInvestors slashed their exposure to US equities by… 

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