Bitcoin's 90-day correlation with U.S. stocks rose to 0.17 last week

Cointime2024/05/17 00:28

By:Cointime

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Data showed the 90-day correlation between Bitcoin and US stocks rose to 0.17 last week, higher than the multi-year low point of 0.01 recorded in March. Nevertheless, the correlation between Bitcoin and risk assets remains much lower than the bull market high of over 0.6.

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Bitcoin's 90-day correlation with U.S. stocks rose to 0.17 last week

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