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Bitcoin’s Correlation With Stock Market May Spark Longest Bull Run in History

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In a new report from Morgan Stanley’s Head of US Equity Strategy Michael Wilson, the analyst told investors that the stock market is showing similarities with the 2009 recovery that led to the longest bull run in history. Given Bitcoin’s recent correlation with the stock market, this could also result in an extended bull market for the first-ever cryptocurrency.
Morgan Stanley Head of US Equities: Stock Market Recovery Matches Longest Bull Run in History
At the start of 2020, most major stock market indices reached a new all-time high. Weeks later, the Black Thursday market collapse happened, and years of ...

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