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Data Shows That Bitcoin's Correlation to the SP500 Has Dropped Back to 0 for the First Time Since May

Amy Liu

Summary: Crypto analysis firm just tweeted, with 14.1% price surge this past week, its correlation to the SP500 has dropped back to 0 for the first time since May on the 30-day rolling average model. This is a great sign for crypto after having an all-time high correlation in August. By Amy Liu

Crypto analysis firm just tweeted, with 14.1% price surge this past week, its correlation to the SP500 has dropped back to 0 for the first time since May on the 30-day rolling average model. This is a great sign for crypto after having an all-time high correlation in August.

By Amy Liu

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Link: Data Shows That Bitcoin's Correlation to the SP500 Has Dropped Back to 0 for the First Time Since May   [Copy]
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