Quick Take Bitcoin (BTC) had an impressive first quarter in 2024, posting a 69% return and outperforming most traditional asset classes. Despite the launch of BTC ETFs, which many thought would lead to a stronger correlation with traditional finance assets, BTC displayed minimal correlation with major asset classes, using data from a recent Glassnode and […]
The post Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500 appeared first on CryptoSlate.
Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500
Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500