BTC/S&P 500 Correlation: What Stock Market Can Tell Us About Bitcoin Price

Gaining momentum Over the past decade, Bitcoin has shown a correlation of 0.17 with the S&P 500, lower than other alternative assets like the S&P Goldman Sachs Commodity Index, which has a correlation of 0.42 with the S&P 500 during the same period. While Bitcoin's correlation with the stock market has historically been low, recent years have seen a slight increase. Over the last five years, the correlation has risen to

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Comparing stock and Bitcoin The S&P 500 is a stock market index that monitors the performance of 500 leading companies listed on U.S. stock exchanges. Renowned as a barometer for the U.S. economy, it is favored by risk-averse traders for its consistent historical performance and diversification across various industries. Holding positions in the S&P 500 with a long-term perspective has historically yielded annual gains nearing 10%.

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