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Economist explains the two futures of crypto - Tyler CowenThe increasing correlation between U.S. stocks and Bitcoin comes as the market shifts its expectations on interest rate expectations. The first U.S. Federal. Bitcoin prices rose from $16, in January up to around $30, at the end of October � onward all the way to over $42, in early December. After a blistering start, it isn't surprising that some strategists think the market could be due for a pause.