What Does the Russell 2000 Breakout Signal Mean for Bitcoin and Altcoins?

Photo by BeInCrypto The Russell 2000 Index, which comprises approximately 2,000 small-cap companies, has long served as a barometer of investor appetite for growth and high-risk equities. Analysts quickly noticed its correlation with the crypto market. When risk-on sentiment spreads into the crypto market, it can help push Bitcoin and altcoins higher. The details below illustrate how this dynamic unfolds. Russell 2000 Flashes a Breakout Signal, Raising Hope for Crypto If the S&P 500 represents large-cap ...