But two charts depicting relative performance amid recent stock market corrections illustrate that bitcoin is more positively correlated to equities than some might think . The first one shows that when stocks fell nearly 20% in the fourth quarter of 2018, bitcoin fell as much as 50%, while gold traded up nearly 8%.23 Oca 2022
Read moreDoes polkadot follow Bitcoin?
Polkadot allows parachains (parallelisable chains, which are a simpler form of blockchain) and networks like Bitcoin or Ethereum to interoperate via bridges .
Read moreWhich coin has negative correlation with Bitcoin?
In the last few weeks, Bitcoin correlation with gold has dropped below 0.5 while the current correlation with silver trends around 0.8%. Now the highest correlation is not with silver but with platinum. 2) Bitcoin is showing negatively correlated with the VIX index and below average correlated with most market indices.
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