According to data from the Block, the 30-day Pearson correlation between Bitcoin and the Nasdaq Index and Bitcoin and the S&P 500 Index fell to -0.84 and -0.82, respectively, the lowest since November 2023. The Block's relevant data is consistent with a recent report from Bloomberg, which stated that the 90-day correlation coefficient between Bitcoin and the Nasdaq 100 Index fell to 0.21 on Tuesday, a multi-month low.