High betas, low correlations: miners break from Bitcoin patterns

Despite its weekend downturn, Bitcoin is up over 22% year-to-date, but public mining companies listed on NASDAQ have struggled to keep pace. The equal-weighted basket of mining stocks has gained just over 12% between Jan. 1 and Aug. 18. However, that underperformance masks a reversal in the past two months, when miners surged more than The post High betas, low correlations: miners break from Bitcoin patterns appeared first on CryptoSlate.