Between Sep. 9 and 16, the price of (BTC) rose by over 11%. Similarly, in the same period, Tesla stock (NASDAQ:) surged from $330.21 to $449.76, by 36.2%.
Tesla stock and the Bitcoin price have seen an uncanny correlation in recent weeks. The correlation might come from the similarities between BTC price movements and the . It also might be related to the fact that millennial traders actively trade both BTC and TSLA.
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