CoinScoopGlassnode: Bitcoin Correlation with S&P 500 Hits Two-Year Low
On-chain analytics platform Glassnode reported on X that Bitcoin is decoupling from the stock market. The correlation between Bitcoin and the S&P 500 index is currently approaching its lowest level in nearly two years, signaling that the tight relationship previously defining recent downward trends is fading.
Summaries are written by AI from the original article. Not investment advice.