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Bitcoin No Longer Correlated to U.S. Stocks, Crypto Analytics Firm Block Scholes Says

The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes.

Updated Jul 5, 2023, 6:48 a.m. Published Jul 5, 2023, 6:48 a.m.
Newspaper, compass (AbsolutVision/Pixabay)
Newspaper, compass (AbsolutVision/Pixabay)