Bitcoin may be a new indicator for the traditional stock market, according to an influential Wall Street investor. If recent history is any indicator, when the price of bitcoin falls, so to do equities and high-yield bonds. According to Jeffry Gundlach of employee-owned investment manager DoubleLine Capital, Bitcoin has become a new indicator for the traditional stock market. Explained the influential investor known as ‘Wall Street’s Bond King’ in an interview with Reuters: Bitcoin closed Read More The post Wall Street Bond King: Bitcoin Leads Stock Market Movements appeared first on Bitcoinist.com.



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