Bitcoin's Correlation with the NASDAQ:
"Bitcoin's 30-day correlation with the Nasdaq and S&P 500 has climbed to approximately 0.88 — meaning a portfolio holding both Nasdaq-heavy equities and Bitcoin is far less diversified than it appears on paper. "
5-year average oscilates around .54, maintaining a notable correlation strength between the two assets.
"If Bitcoin were truly behaving like "digital gold," it would track gold's price action, not the Nasdaq's. The data says otherwise: Bitcoin's correlation with gold has hovered close to zero through 2026, even as gold itself hit a record high near $5,600 in late January"
Source: https://www.onedayadvisor.com/2025/01/bitcoin-nasdaq-correlation-correlation.html?m=1
#Bitcoin #NASDAQ #BTC #Investing
Enigmatik
npub1s2…tfpzw
2026-10-05 21:15:20 UTC
Author Public Key
npub1s2e0q87zr88zkzeslydpq4xav6ajhjt9fmfvsanxuld0fvel287sytfpzwPublished at
2026-10-05 21:15:20 UTCEvent JSON
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"content": "Bitcoin's Correlation with the NASDAQ:\n\n\"Bitcoin's 30-day correlation with the Nasdaq and S\u0026P 500 has climbed to approximately 0.88 — meaning a portfolio holding both Nasdaq-heavy equities and Bitcoin is far less diversified than it appears on paper. \"\n\n5-year average oscilates around .54, maintaining a notable correlation strength between the two assets.\n\n\"If Bitcoin were truly behaving like \"digital gold,\" it would track gold's price action, not the Nasdaq's. The data says otherwise: Bitcoin's correlation with gold has hovered close to zero through 2026, even as gold itself hit a record high near $5,600 in late January\"\n\nSource: https://www.onedayadvisor.com/2025/01/bitcoin-nasdaq-correlation-correlation.html?m=1\n\n#Bitcoin #NASDAQ #BTC #Investing \n\n",
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