sandp

The American stock market today added $730 billion to its market cap.

The indices #SandP 500, #NASDAQ , and #Russell2000 hit all-time highs.

Following this trend, Bitcoin is expected to moon to $85,000 and beyond$BTC

According to NYDIG, Bitcoin's correlation with the #SandP 500 index has returned to the highs of 2023. The three-month correlation coefficient exceeded ~0.6 in Q1 2026, pulling $BTC back into a clear risk-on pattern alongside stocks during a market dip of about 23%.

In the long run, the correlation remains low (~0.16), but it has shown significant dynamics since the COVID period.