The correlation between Bitcoin and S & P500 is approaching all time – Yahoo Finance
The correlation between the S&P 500 and bitcoin hit an all-time high earlier this week, according to new data from Coin Metrics. On Monday, the 180-day Pearson correlation hit 0.4905 before falling sharply to 0.36 on Tuesday. Source: part measurements The correlation, expressed as a number between -1 and +1, indicates the type of relationship […]
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