Bitcoin’s Correlation to US Stocks Hits 20-month Lows - Here’s Why That’s Bullish for BTC
Bitcoin’s correlation to US equity markets just fell to its lowest level in more than a year and a half. That’s according to crypto analytics firm CoinMetrics, who present a chart showing that Bitcoin’s 30-day pearson co...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
That’s a big reversal from mid-2022, when Bitcoin and stocks were largely moving in lockstep and the 30-day correlation briefly surpassed 0.7....
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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