As the International Monetary Fund warned in a blog post, sentiment in equities and crypto appear increasingly connected, raising the “risk of contagion across financial markets.” Bitcoin’s correlation to the S&P 500 was just 0.01 from 2017 to 2019 , said the IMF, suggesting that equity and crypto prices were moving …14 Oca 2022
Read moreWhat is Bitcoin most correlated with?
Historically, Bitcoin has maintained a relatively low correlation to traditional asset classes, including equity indices and commodities like gold. However, in recent weeks, the leading cryptocurrency’s correlation to two major indices—the S&P 500 and Nasdaq —has been on the rise.11 Oca 2022
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