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With this bitcoin s&p 500 correlation chart in emphasis, the stock market story is becoming more similar to that reasonable hedge against inflation since corporations could potentially hike prices to safeguard profit margins a declining U.
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??HUGE CORRELATION BETWEEN BITCOIN AND SP500!!!! (what now?)YTD, Bitcoin has achieved % while the S&P has gained 23%. Although some may laud Bitcoin as the winner in this comparison, one simply. The day correlation coefficient between bitcoin and the NDX/SPX ratio rose from to , signaling the strongest positive relationship. Bitcoin and the S&P hit a correlation of on Dec. 13, , the day the Fed announced it would be cutting rates in Solana non-vote.
