BitcoinBitcoin Breaks Free: Nasdaq Correlation Collapses
Bitcoin's correlation with Nasdaq has fallen to -0.20, a significant drop from historical levels. This break in correlation could lead to a strong recovery phase in Bitcoin's price.
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2 articles tagged with “correlation”
BitcoinBitcoin's correlation with Nasdaq has fallen to -0.20, a significant drop from historical levels. This break in correlation could lead to a strong recovery phase in Bitcoin's price.
BitcoinBitcoin isn't decoupling from stocks yet, despite a negative 13-week correlation. The BTC/S&P price ratio reveals a more complex relationship between the two assets.