Glassnode states that the correlation between Bitcoin and the S&P is close to a two-year low
On-chain data analysis platform Glassnode posted on X that Bitcoin and the stock market are decoupling, with the correlation between Bitcoin and the S&P 500 approaching a nearly two-year low.
Glassnode stated that the close relationship with stocks that previously defined the recent downward trend is fading.
Risk warning Risk warning
