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S&P 500 index News and Articles



Bitcoin

Bloomberg recorded a growth in correlation between BTC and the S&P 500

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At the end of August, the dependence of bitcoin on the US stock market decreased. However, already in September, the trend changed, and Bloomberg analysts drew attention to the increased correlation between BTC and the S&P 500 index. The correlation coefficient rose to 0.72 points, but it is...

Bitcoin

Analysts drew attention to the correlation between BTC and the S&P 500

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In August, Bitcoin's dependence on the US stock market sharply weakened. The correlation between BTC and business activity indicators was at an annual low, according to a report by Arcane Research. Last week, the dependence of cryptocurrency on the stocks of the technology sector began to increase...

Bitcoin S&P 500 correlation

Тhe correlation of Bitcoin with the S&P 500 index declined

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A recent report by Arcane Research said that the correlation rate of Bitcoin with the stock market markedly fell. Experts note that the panic due to the spread of coronavirus and a sudden supply shock led to uncertainty in the financial markets. Because of this, world indices plummeted. Bitcoin,...

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