Bitcoin-Stock Correlation Hits Weakest Level Since 2022—Will It Last?
Bitcoin has recently become the least correlated to the stock market since the FTX crash back in 2022, according to analytics firm Santiment. Bitcoin Has Broken Away From S&P 500 In a new post on X, Santiment has discussed how Bitcoin has moved relative to the stock market recently. The number one digital asset has […]
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Data shows the Bitcoin correlation with the US stock market has remained at a high value recently as it saw an increase during the last week. Bitcoin Correlation With Stock Market Observed Slight Growth In Past Week According to the latest weekly report from Arcane Research, BTC’s correlation with NASDAQ and S&P 500 is currently […]
Data shows Bitcoin has continued to become increasingly tied to the US stock market as the crypto’s correlation with Nasdaq reaches a new all-time high. Bitcoin’s Correlation With The Stock Market Continues To Go Up According to the latest weekly report from Arcane Research, the BTC-Nasdaq correlation has grown to a new ATH of over […]
Data shows the Bitcoin correlation with S&P 500, and hence the stock market, has now set a new all-time high (ATH). Bitcoin Correlation With S&P 500 Reaches New High As pointed out by an analyst in a CryptoQuant post, the BTC correlation with the stock market is currently at an all-time high, further damaging the “safe haven” narrative. The “Bitcoin correlation with S&P 500” is an indicator that measures how strongly the price of BTC reacts to volatility in S&P 500, as well as the direction of the response. When the indicator has values greater than zero, it means....
Bitcoin is now caught within an intense uptrend that has sent its price rocketing up to fresh yearly highs, with bulls currently testing these highs as they target further upside This strength has come about due to the confluence of multiple positive news developments and has allowed BTC to far outperform the stock market One bullish result of this recent rally has been Bitcoin’s correlation with the stock market diving to zero This correlation previously […]
Data shows the correlation between the Bitcoin price and the stock market is going up, putting the “digital gold” narrative at risk. Bitcoin’s Correlation With The Stock Market Has Shot Up In Recent Times As per the latest weekly report from Arcane Research, BTC’s price has increasingly become correlated with the stock market in the […]