Crypto and US stocks show record correlation as Fed policies align markets
1 min read
Digital assets and US stocks are increasingly moving in tandem, reflecting the influence of similar macroeconomic factors. A recent correlation study reveals that the 40-day correlation coefficient between the largest 100 cryptocurrencies and the S&P 500 Index is approximately 0.67. This figure approaches the record high of 0.72 set in the second quarter of 2022,

Source: Invezz