FAMEEX Hot Topics | Bitcoin Correlation With The SP 500 Falls To FTX Collapse Levels, But Why?
2023-02-24 02:54:45Bitcoin over the years has shown an increasingly strong positive correlation with the S&P 500 and other major US stock market indexes.
When the correlation weakens and turns negative, price movements in BTC can be especially substantial.
Extract from article of bitcoinist
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
Other Articles in This Category
FameEX Hot Topics | Bitcoin's Stability Signals Potential Growth in 2025FameEX Morning Crypto News Recap | January 15, 2025FameEX Morning Crypto News Recap | January 14, 2025FameEX Hot Topics | Bitcoin Mining Difficulty Reaches 110.45 Trillion Amid Revenue DropFameEX Weekly Market Trend | January 13, 2025FameEX Morning Crypto News Recap | January 13, 2025FameEX Hot Topics | NYDIG: Crypto Commitments Could See Delays as Trump’s Inauguration NearsFameEX Morning Crypto News Recap | January 10, 2025FameEX Hot Topics | Is the Bitcoin Bull Run Ending? Analyst: Metrics Don’t Suggest a 'Market Peak' YetFameEX Weekly Market Trend | January 9, 2025