Bitcoin and stocks are increasingly moving together, ramping up contagion risks across markets, says IMF Bitcoin and stocks are moving increasingly in lockstep and that poses financial-stability risks, the IMF said Tuesday. Bitcoin volatility explains about one-sixth of S&P 500 volatility during the pandemic. Crypto assets showed little correlation with major stock indexes before the pandemic. Bitcoin and large-cap US stocks have been moving more in tandem with each other since the COVID-19 crisis and that tighter correlation suggests risks to financial stability, https://markethive.com/alidervash/blog/bitcoinandstocksareincreasinglymovingtogetherrampingupcontagionrisksacrossmarketssaysimf