Opinion: Bitcoin's high correlation with traditional markets is often short-lived "
Internet reports that Bitcoin's recent performance is closely related to the Standard & Poor's 500 Index, but this correlation will fluctuate significantly over time. For example, as two asset classes moved in opposite directions in nearly 50 days, the correlation turned negative in June 2024. In addition, although the correlation indicator exceeded the 60% threshold on 272 days in two years (approximately 38% of the period), this number is statistically inconclusive.
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