As the market digests all the uncertainty from the banking fallout, equities such as the S&P 500 remain flat for March.
In recent weeks, in light of the SVB collapse, Bitcoin had uncorrelated itself from the traditional markets.
Bitcoin was up 24%, other assets remained relatively flat, and gold was also a winner.
But in recent days, the correlation to assets has spiked back up to almost February levels.
Bitcoin has a negative relationship with the dollar, which would be bearish if the dollar was to start going higher in the face of a liquidity or credit crisis as investors rush to dollars.
Correlation is a topic CryptoSlate will be analyzing on a day-to-day basis amid market uncertainty.
Correlation YTD
SPX: 0.74
Nasdaq: 0.92
Gold: 0.95
TLT: 0.50
DXY -0.81
