Correlation News
Latest Correlation News
Bitcoin (BTC) trading is currently seeing its highest correlation with the S&P 500 stock market index as panic over the coronavirus (COVID-19) pandemic is reportedly forcing investors to embark on massive portfolio de-risking. Bitcoin Trading Correlation with S&P 500 Reaches…
It turns out that correlation rates tend to be higher between the major cryptos when their returns are denominated in US dollars rather than bitcoin, a March 20, 2019 report from Binance shows. Correlation and Causation At this point in…