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.
Discussion
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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.
Moving independently is right... it's going down 😅
Interesting