Opinion: The correlation between Bitcoin and US stocks may be an artificial illusion created by market makers

Golden Finance reported that James Seyffart, an analyst at Bloomberg News, wrote on social media that Bitcoin's resilience is indeed shocking. I didn't expect that it could still hold above $80,000 in such a market where risk assets are being sold off across the board, even gold is falling. In this regard, Adam Back, co-founder and CEO of Blockstream, said that the so-called linkage was probably just an illusion, and it was probably a false correlation created by market makers taking advantage of the shortage of fiat currency liquidity in the Bitcoin market, especially during the opening hours of the US market.