
Mike McGlone|Apr 24, 2025 15:31
Is it different this time? Top Bitcoin companions are the Nasdaq and other cryptos.
- Bitcoin's 100-day correlation to the Nasdaq is positive 0.52 vs. minus about 0.10 in 2019 (before the biggest money pump in history)
- Correlation to the MarketVector Digital Assets 100 index is 0.60
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/suuxe7dwlu68
#commodities #bitcoin #stockmarket @BBGIntelligence
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