Quick Take Bitcoin (BTC) has often mirrored the S&P 500 (SPX), with periods of positive correlation in the past five years, notably during the COVID-19 pandemic in 2020 and 2021, where both assets traded nearly 1:1. This trend continued towards the end of 2021 and throughout 2022, as both BTC and the SPX declined in […]
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Bitcoin correlation to S&P 500 goes negative indicating potential bottom
Bitcoin correlation to S&P 500 goes negative indicating potential bottom