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IntoTheBlock: Bitcoin's correlation with the S&P 500 has dropped to zero
By:Cointime
On February 17th, IntoTheBlock stated that the correlation between Bitcoin and the SP 500 index has dropped to zero, indicating that there is currently no connection between the two. The last time we saw such a low correlation was on November 5, 2024, just before Bitcoin surged to the $100,000 mark.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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