Macro forces push Bitcoin-S&P 500 correlation to 23-month high

Bitcoin’s correlation with the S&P 500 is at its highest in nearly two years, hitting 0.67, showing how both traditional and crypto markets are getting rocked by broader economic issues. BTC dropped 10% after weak U.S. job data but recovered some ground, ending the week down by 3%. Ethereum also struggled, finishing the week with […] source: https://www.cryptopolitan.com/macro-forces-push-bitcoin-sp-500-correlation/