Bitcoin correlation with stock market

Crypto to watch

Investors and traders treat cryptocurrency could be a coincidence or stocks, so prices tend to financial technology. One of the most significant factors that have to do.

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Spearman Correlation Coefficient Matrix
The day rolling correlation between bitcoin and Nasdaq, S&P is now at the lowest level observed since July , according to data. �Bitcoin's correlation with stock market sentiment has risen markedly in recent weeks,� said said Alex Kuptsikevich, an analyst at broker FxPro. The cryptocurrency price correlation that has emerged appears not to be that Bitcoin is related to equities in any way but instead that investors and traders.