News/FAMEEX Hot Topics | Bitcoin Correlation With The SP 500 Falls To FTX Collapse Levels, But Why?

FAMEEX Hot Topics | Bitcoin Correlation With The SP 500 Falls To FTX Collapse Levels, But Why?

2023-02-24 02:54:45

Bitcoin 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

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