CoinScoopBitcoin correlation with S&P 500 hits decade low, but daily data shows mixed results
Bitcoin has reached a decade-low correlation with the S&P 500 according to Bitwise's negative trend measure. However, data from the Federal Reserve Economic Data (FRED) proxy indicates a positive return correlation, highlighting that portfolio performance metrics vary significantly depending on the chosen lookback period.
Summaries are written by AI from the original article. Not investment advice.