Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
[The Correlation Between Bitcoin And U.S. Stocks Has Dropped To A Five-year Low] According To CoinDesk, Data Shows That In 2024, Only 52% Of Bitcoin And The Nasdaq Index Will Fluctuate In The Same Direction, And The 30-day Correlation Has Dropped To 0.46, One Of The Lowest Levels In The Past Five Years. According To Fidelity Data, The Correlation Between Bitcoin And The S&P 500 Is Only 19%, With The Best Sharpe Ratio Among Major Asset Classes. Since Trump Won The U.S. Election On November 6, Bitcoin Has Broken Through $93,000 To Set A New High, While The Nasdaq Index Has Fallen 4% From Its All-time High. According To Glassnode Data, Bitcoin's 30-day Implied Volatility Has Dropped From 100% In 2021 To About 60% Currently. As The World's Seventh Largest Asset, Bitcoin Is Gradually Getting Rid Of Its Correlation With Traditional Risky Assets And Showing Independent Market Performance
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data