It's again very high correlation, every time Powell says something, he's like the glue sticking the different markets together.
A week high, a week low. BTC correlation is puzzling for investor!
One week lower, one week higher, looks like the correlation is so manipulative between BTC and US Stocks.
Well, this week the correlation shrinks, am not too sure about how useful and reliable about this correlation.
Another week of high correlation between BTC and US stock market. Remain close to 0.9
Another week of high correlation with BTC. Looks like it will continue a bit.
Decoupling was short lived. A week later, the crypto x stock correlation moves back up. Sigh.
Losing correlation between crypto and US stock in the last week of June 2022
Monitoring US Stock market x BTC correlation weekly. ENjoy
Correlation spiked up this week to 0.94. Boomers gaining over control again.