Wintermute: Bitcoin's correlation with the Nasdaq index remains high, at around 0.8.
2025-11-13 07:49:55
"Bitcoin is still correlated with the stock market, but only when the market is down," Wintermute tweeted. "The correlation remains high at around 0.8, but Bitcoin reacts more strongly to the Nasdaq's decline than its rise. This negative performance offset has reached levels not seen since late 2022, while the current price is hovering around all-time highs."
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