Bitcoin and SPX Correlation: An Analysis
The correlation between Bitcoin and the SPX (S&P 500 Index) has been a topic of interest for investors and analysts. This article explores how Bitcoin, as a digital asset, interacts with traditional stock markets like the SPX.Historically, Bitcoin was seen as a non-correlated asset, but recent trends show increasing ties. Factors such as macroeconomic events and institutional adoption influence this relationship.
Understanding this correlation can help in portfolio diversification and risk management strategies for those investing in Bitcoin and SPX products.
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