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Exploring the Impact of Bitcoin
Exploring the Impact of Bitcoin
March 27, 2024
A Five-Year Analysis
In the dynamic world of finance, the relationship between cryptocurrencies and traditional stock markets has always been a topic of interest. Over the past five years, we’ve taken a deep dive into the daily movements of Bitcoin and its influence on the S&P 500, aiming to uncover any underlying connections. Our findings reveal a fascinating, albeit limited, correlation, with significant interactions occurring only during extreme fluctuations in Bitcoin’s value.
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