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Data Indicates Bitcoin Price is Uncorrelated with Stock Market Data Indicates Bitcoin Price is Uncorrelated with Stock Market
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Data Indicates Bitcoin Price is Uncorrelated with Stock Market

A frequently asked question about bitcoin is whether the stock market influences its price, or whether the cryptocurrency acts as a ‘safehaven’ during stock market downturns.

Data Indicates Bitcoin Price is Uncorrelated with Stock Market

Cover art/illustration via CryptoSlate

A frequently asked question about bitcoin is whether the stock market influences its price, or whether the cryptocurrency acts as a ‘safehaven’ during stock market downturns.

The latest analysis by CryptoSlate sheds some light on these questions.

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