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Bitcoin’s correlation with the S&P 500 has dropped to zero, marking a significant shift in market behavior.

Historically tied to stocks, BTC is now moving independently, signaling a break from traditional macroeconomic influences.

https://m.primal.net/PAkz.webp

point-alpha 10mo ago

This relationship is volatil as well.

Let’s Watch how this continues. Correlations are not fixed. This graph shows the volatility. It might even turn negative. This could be indicator of a risk-off attribute.

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