Bloomberg ETF analyst: Bitcoin is not a leading indicator of the stock market
2025-11-19 03:44:25
Bloomberg senior ETF analyst Eric Balchunas released research showing that bitcoin is not a leading indicator of the stock market. The data shows that the stock market is still positive 62% of the time after a month when bitcoin fell. Balchunas also pointed out that the S & P 500 index ($SPY) is strong and stable even in months when bitcoin and stocks are falling at the same time.
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