#BTCvsMarkets

Will Bitcoin affect the stock market?

Any wide swings or trends in the crypto markets will impact the price moves in crypto-themed stocks that have holdings or operate in the crypto markets. For example, if bitcoin is breaking out, the stock of a company that mines bitcoin may break out as well.

Will a stock market crash affect cryptocurrency?

But If the stock markets crashed again, as they have in the past, historical data suggests that the cryptocurrency markets would also undergo a similar decline.

How closely does Bitcoin follow the stock market?

+ Figure 3 plots the rolling 50-day correlation between bitcoin's price movements and the S&P 500 Index in 2022. The average level was roughly around 0.1, with high levels breaching 0.4 and low levels breaching -0.1. For reference, bitcoin's return was -64.3%, whereas the return of the S&P 500 Index was -18.1%.