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Posted by
Two Blokes May 6 -
Filed in
Crypto
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2 views
TL;DR Tight Market Link: VanEck's analysis underlines that Bitcoin remains deeply intertwined with traditional equity markets, maintaining its status as a risk asset influenced by broader financial trends. Brief Divergence, Steady Correlation: Despite a fleeting surge from $81,500 to over $84,500, Bitcoin's 30-day moving average correlation with the S&P 500 quickly stabilized around 0.55.
