bitcoin

S&P 500 Up ~15% YTD as Bitcoin Nears $94,000 — Correlation Spikes to 0.7+ - Coinpaper

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TL;DR:

S&P 500 Up ~15% YTD as Bitcoin Nears $94,000 — Correlation Spikes to 0.

Key Points:

  • S&P 500 Up ~15% YTD as Bitcoin Nears $94,000 — Correlation Spikes to 0.7+ - Coinpaper
  • Involves BTC cryptocurrency

    • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    S&P 500 Up ~15% YTD as Bitcoin Nears $94,000 — Correlatio... | NewsCR