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News Explorer — Correlation Between Return of the McRib Sandwich and Bitcoin Price Is Likely Just a Meme

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Oct 11, 10:25 am
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Correlation Between Return of the McRib Sandwich and Bitcoin Price Is Likely Just a Meme

The return of McDonald's McRib sandwich has sparked speculation about its correlation with global asset prices, including Bitcoin. While some analysts have drawn parallels between the availability of the McRib and Bitcoin's price performance, the results have been mixed. In some instances, Bitcoin's price rose significantly following the reintroduction of the McRib, while in others, it experienced a downturn. Ultimately, the correlation between the McRib and Bitcoin's price movements is likely just a meme and not a causal relationship.

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