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Article

Akin Oyedele for Business Insider
Nov 23 ’20

A Wall Street strategist breaks down why bitcoin’s latest surge past $18,000 is sniffing out a major downward spiral in the stock market’s hottest trade

The promise of a vaccine-led recovery has recently lifted value stocks and other assets that benefit from economic improvement. Bitcoin has also ridden the bullish wave as investors bet that the cryptocurrency, like gold, will be an adequate hedge ag…

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