The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.

Bitcoin-stock correlation reaches 0.8 over past 30 U.S. trading days

Nov 7, 2026 05:05 (2d ago)

Verifying

Glassnode reported unusually strong co-movement between Bitcoin and the S&P 500.
0.8 was Bitcoin’s correlation coefficient with the S&P 500 over 30 U.S. trading days.
Bitcoin’s correlation has been far lower for most periods since 2020, Glassnode said.