According to Golden Finance, according to Block data, 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 level since November 2023.
The Block’s data is consistent with a recent report from Bloomberg, which said the 90-day correlation coefficient between Bitcoin and the Nasdaq 100 fell to 0.21 on Tuesday, a multi-month low.
