Bitcoin-Gold Correlation Is Weak; BTC-S&P 500 Correlation Might Drop

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Bitcoin-Gold Correlation Is Weak; BTC-S&P 500 Correlation Might Drop

Source: Adobe/sergey_p
While the correlation between bitcoin (BTC) and gold could be "slightly" increasing but still remaining weak overall, that between BTC and the S&P 500 stock market index is unlikely to remain high in the long run, says crypto market analysis firm Coin Metrics.
To look deeper into what’s been going on: while testing the popular narratives connected to BTC as an  Read more »
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