Bitcoin and S&P 500 divergence echoes pre-COVID trends, potential realignment ahead

Quick Take Bitcoin and the S&P 500 are currently diverging, a trend that has occurred before, most notably in 2019 leading into the COVID-19 pandemic. Back then, the S&P 500 rose from around 2,900 to 3,400, while Bitcoin fell from approximately $11,000 to below $10,000. This divergence began in June 2019, with both assets eventually […] source: https://cryptoslate.com/insights/bitcoin-and-sp-500-divergence-echoes-pre-covid-trends-potential-realignment-ahead/