Bitcoin Correlations

Fundamental correlations between bitcoin and other global financial asset classes have tended to shift over longer time periods, and by data, are not as established as correlations between more traditional asset classes.

Exampli gratia, we know the strong inverse correlation between USD and gold, that is well documented and reliable. In this article we gathered data from multiple sources to get a holistic view on bitcoin’s correlation between S&P500, gold, and different indexes, during first quarter (Q1) of 2019. As bitcoin grows as a global asset class, the correlation data will be one of the…