Bitcoin decoupled from S&P 500 for the first time after the FTX debacle. Sentiment for Bitcoin improved, but traders took short positions. Bitcoin [BTC] had been leading the charge of the bullish sentiment surrounding crypto over the past few days. Due to its positive rally over the past few weeks, its correlation with the S&P […] Bitcoin [BTC] and S&P 500 part ways, where now for the king coin?
Bitcoin decoupled from S&P 500 for the first time after the FTX debacle. Sentiment for Bitcoin improved, but traders took short positions. Bitcoin [BTC] had been leading the charge of the bullish sentiment surrounding crypto over the past few days. Due to its positive rally over the past few weeks, its correlation with the S&P […] 
3 years ago
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