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IntoTheBlock: The correlation between Bitcoin and the S&P 500 index has dropped to zero

IntoTheBlock: The correlation between Bitcoin and the S&P 500 index has dropped to zero

Bitget2025/02/17 11:02

ChainCatcher News, IntoTheBlock reported that the correlation between Bitcoin and the S&P 500 index has dropped to zero, indicating that there is currently no connection between the two. The last time we saw such a low correlation was on November 5, 2024, just before Bitcoin soared to the $100,000 mark.

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