Viewpoint: The correlation between Bitcoin and US stocks or the illusion created by market makers

BlockBeats News: On April 5th, Bloomberg analyst James Seyfart posted on social media that the resilience of Bitcoin is truly shocking. It's hard to believe that it can still hold above $80000 in a market where risky assets are being sold off, and even gold is falling. Regarding this, Adam Back, co-founder and CEO of Blockstream, stated that the so-called interconnectivity was probably just an illusion, and it was likely a false correlation created by market makers using the shortage of fiat liquidity in the Bitcoin market, especially during the opening hours of the US market.