FAQ?

Is bitcoin and the S&P 500 a speculative or a technical graph?

When comparing the graph of Bitcoin and the S&P 500 since mid-February it looks like a specular graph. A similar trend was characterizing Bitcoin and gold from mid-December until a few weeks ago. However, looking now at the chart of Bitcoin and S&P 500 it can be seen that in this last month the two markets are highly correlated.

Are Bitcoin and gold correlated with the stock market?

A similar trend was characterizing Bitcoin and gold from mid-December until a few weeks ago. However, looking now at the chart of Bitcoin and S&P 500 it can be seen that in this last month the two markets are highly correlated.

What is the S&P 500 and how does it work?

What Is the S&P 500? The S&P 500 – or Standard & Poor’s 500 – is an index that tracks the performance of 500 major publicly traded companies in the United States. It weighs the companies in the index by market capitalization, which means larger companies have a bigger influence on the overall performance of the index than smaller companies.

Is bitcoin's fortune tied to stocks or cryptocurrencies?

The 90-day correlation between the top cryptocurrency and the S&P 500 has risen to its highest level since October 2020. Bitcoin's fortune appears closely tied to stocks. (Pixabay, modified by CoinDesk)