Bitcoin risks 50% drop as BTC's positive correlation with US stocks grows

Home » Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows

Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines.

Bitcoin (BTC) $ 63,055.00

Ethereum (ETH) $ 1,882.08

Tether (USDT) $ 0.99922

BNB (BNB) $ 607.05

XRP (XRP) $ 1.00

Solana (SOL) $ 75.44

Dogecoin (DOGE) $ 0.069971

Chainlink (LINK) $ 9.34

Shiba Inu (SHIB) $ 0.000004

NEXO (NEXO) $ 0.706099

Enjin Coin (ENJ) $ 0.023991

Cardano (ADA) $ 0.17637

Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows