On-chain data platform Glassnode posted on X that Bitcoin is decoupling from the stock market, with its correlation to the S&P 500 nearing its lowest level in nearly two years. Glassnode said the tight stock relationship that previously defined the recent downtrend is fading.
On-chain data platform Glassnode posted on X that Bitcoin is decoupling from the stock market. The correlation between Bitcoin and the S&P 500 is nearing its lowest level in nearly two years. Glassnode noted that the tight stock relationship that previously defined the recent downtrend is now fading.
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