CRYPTO NEWS: BITCOIN IS HEAVILY CORRELATED W/ STOCKS + NEW IMF BRETTON WOODS AGREEMENT AND WHAT IT MEANS FOR BITCOIN! FINCEN FINES BITCOIN MIXER $60 MLN.

    Larry Dean Harmon, the creator and operator of Helix and Coin Ninja, is already facing criminal money laundering charges. Bitcoin, Gold, and the S&P500 have collectively shared the center stage when it comes to market movement in 2020. While the crypto-asset has periodically taken sides, at the moment, Bitcoin is more correlated with the traditional stock market. Today we face a new Bretton Woods “moment.” A pandemic that has already cost more than a million lives. An economic calamity that will make the world economy 4.4 % smaller this year and strip an estimated $11 trillion of output by next year. And untold human desperation in the face of huge disruption and rising poverty for the first time in decades.

    #CryptoNews #Bitcoin # #IMF

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