Bitcoin has often been touted to be a non-correlated asset that can be used to diversify risk in an investment portfolio. This may however be changing according to new data. Reuters reports that since 2020, the correlation between Bitcoin and the S&P 500 index (.SPX) has been increasing positively, causing Bitcoin to follow trends in The post Bitcoin’s Positive Correlation With The Stock Market Index Records A Mild Increase appeared first on CoinGape.
