AMC Pops, Bitcoin Drops: Why We're Seeing Another Meme Stock-Crypto Reversion And What Comes Next
Benzinga -

An observation we've made in previous posts (e.g., AMC: Return Of The Meme Stock) was that the resurgence in meme stocks last spring came as Bitcoin sagged. That made sense, as the parabolic rally in Bitcoin and other cryptocurrencies earlier in the year had siphoned some of the speculative fervor out of meme stocks.

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