Golden Finance reported that the correlation between Bitcoin (BTC) and the S&P 500 (SPX) fell to 0.05, indicating market differentiation. In the past five years, the two have been highly positively correlated during the epidemic and from the end of 2021 to 2022. In early 2024, both rose significantly. However, while SPX continues to hit new highs, BTC hovers around $60,000, occasionally falling below this level. Since 2019, BTC and SPX have experienced negative correlation four times, each time indicating local lows for Bitcoin prices.