Bitcoin’s correlation to the S&P 500 has dropped to zero today as the bitcoin price gains momentum and stock prices dip. Perspective: Despite being a fundamentally decentralized asset, the bitcoin ...
The latest price move in gold is occurring with positive correlation to the S&P 500, as opposed to the negative correlation ...
Ever since its inception, bitcoin has been dubbed “digital gold,” given it is durable, fungible, divisible and scarce like the precious metal. However, while gold has a strong track record of rallying ...
Correlation between the S&P 500 and bitcoin crested near an all-time high earlier this week, according to new data from Coin Metrics. On Monday, the Pearson 180-day correlation reached 0.4905 before a ...
US stock markets have delivered a trading bonanza for investors betting on dispersion – a complex derivatives strategy that profits from share prices heading in different directions – after a ...
Lately, Bitcoin price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the S&P 500 and BTC reached a new all-time high. Data from Skew ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
In recent years the Dow has gotten ridiculed as a stodgy old index that isn't representative of the overall stock market. It's important to remember, however, that the Dow's correlation on a ...