CoinVoice has recently learned that according to The Block, Block data shows that the 30-day Pearson correlation between Bitcoin and the Nasdaq Index and Bitcoin and the S&P 500 Index has dropped to -0.84 and -0.82 respectively, the lowest since November 2023.
The Block’s data is consistent with a recent Bloomberg report that the 90-day correlation coefficient between Bitcoin and the Nasdaq 100 fell to 0.21 on Tuesday, a multi-month low. [Original link]
