Bitcoin (BTC) $77,950.56 -0.05%
Ethereum (ETH) $2,323.66 -0.46%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 85.570603 -1.11%
Cardano (ADA) $0.25 -1.80%
Chainlink (LINK) $9.35 -0.96%
Litecoin (LTC) $55.48 -1.29%
Dash (DASH) $35.49 -3.24%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.997104 -3.13%
X-Cash (XCASH) 7.0E-6 -0.14%
Dogecoin (DOGE) $0.00 0.41%

Cryptocurrencies: 28822

Markets: 114038

Market Cap: $2,596,397,729,432

24h Vol: $125,295,506,465

Bitcoinist

2023-01-31 22:54:52

Why Tightening Correlation With S&P 500 Could Be Bullish For Bitcoin

Why Tightening Correlation With S&P 500 Could Be Bullish For Bitcoin

The correlation between the S&P 500 and Bitcoin is only increasing, inching closer to reaching levels where in the past the cryptocurrency strengthened. Meanwhile, the S&P 500 just closed its January monthly session outside of a key trend line the entire world of finance has been watching. Here is why a possible breakout in the

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