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Opinion: Bitcoin's high correlation with traditional markets is often short-lived

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2025-04-07 21:36:00
Bitcoin's recent performance closely correlates with the S & P 500 Index, but this correlation can fluctuate wildly over time. For example, the correlation turned negative in June 2024 as the two asset classes moved in opposite directions in the last 50 days. Also, while the correlation indicator exceeded the 60% threshold on 272 days in two years (about 38% of that period), this number is statistically inconclusive.
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