30 Mar 2023
Correlations are declining - And it makes sense!
This article points to several forces leading correlations to naturally decline between BTC and traditional markets.
In essence, no natural long-term relationship to interest rates worsened liquidity, structural changes, and behavioral patterns all contribute to the current paradigm.
BTC's 30 day correlation with Nasdaq sits at 0.3, down from 0.75 in October