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After bitcoin tapped levels under $90,000 once again, Rajiv Sawhney says the outlook for the cryptocurrency and others remains strong. He says bitcoin's recent correlation with tech stocks is one driver to the downside for crypto and expects the trade to balance back out. Rajiv notes the road ahead for regulation as another catalyst.
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By Schwab NetworkAfter bitcoin tapped levels under $90,000 once again, Rajiv Sawhney says the outlook for the cryptocurrency and others remains strong. He says bitcoin's recent correlation with tech stocks is one driver to the downside for crypto and expects the trade to balance back out. Rajiv notes the road ahead for regulation as another catalyst.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about