Bitcoin Loses Correlation With S&P; Arthur Hayes Hints at Hiccups Ahead

As Bitcoin lingers in the bearish zone, BitMEX co-founder, Arthur Hayes pointed out that the flagship cryptocurrency asset has lost its correlation with the S&P Index — an index that tracks the price of the largest stocks in the US market.   In a recent tweet on social media platform X (formerly Twitter), Hayes noted these […] source: https://coinedition.com/bitcoin-loses-correlation-with-sp-following-etf-launches/