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Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Lead the Way

The Chinese Yuan (via USDCNH) has the highest 5-day and 6-month correlations with bitcoin prices among emerging market FX at 0.95 and 0.73, respectively.

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Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Lead the Way

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