BifmarDec 16, 2021 · 3 years ago3 answers Is there a correlation between the value of Bitcoin and the stock price of Exxon Mobil?
Is there a relationship between the value of Bitcoin, the leading cryptocurrency, and the stock price of Exxon Mobil, one of the largest publicly traded oil and gas companies in the world? Are these two seemingly unrelated assets influenced by similar factors or do they move independently? Can fluctuations in the value of Bitcoin impact the stock price of Exxon Mobil, or vice versa? How does the volatility and market sentiment surrounding Bitcoin affect the stock price of Exxon Mobil? Is there any evidence of a correlation between these two assets?