Bitcoin Decouples from Nasdaq, 40-Day Correlation Now Stands at Zero
1 year ago
23
Source: Adobe/vinnstock Bitcoin (BTC) has broken free from its historical correlation with Nasdaq (NDX), with the 40-day correlation dropping to zero. For most of the past four years, BTC had been moving in sync with the tech-heavy equity index on Wall Street. However, according to data analyzed by research provider Fairlead Strategies, the 40-day correlation between […]
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