#BTCvsMarkets Bitcoin's current market situation is as follows ¹ ²:

- *Current Price*: $86,771.60, with a 2.56% increase in the last 24 hours. However, another source indicates the price might be $92,870.39 with a 0.64% increase.

- *Market Cap*: $1.76 trillion, or $1.84 trillion according to another source, indicating a 0.65% increase.

- *24-hour Volume*: $38.23 billion, with a 31.84% increase.

- *Circulating Supply*: 19.85 million BTC, out of a maximum supply of 21 million.

Bitcoin's relationship with the stock market is complex, with some studies suggesting a correlation between the two. This correlation can be attributed to ³ ⁴:

- *Speculative Investment*: Both Bitcoin and stocks attract speculative investment, leading to similar volatility and potential for high returns.

- *Global Liquidity*: Bitcoin's price tends to rise in tandem with the growth of the global money supply (M2), which includes cash, checking and savings deposits, and other liquid assets.

- *Macro-Economic Factors*: Inflation, interest rates, and other macroeconomic factors can influence the relationship between Bitcoin and the stock market.

Some key correlations to note are ³:

- *Positive Correlation*: Bitcoin's price movement can be positively correlated with stocks, meaning they move in the same direction.

- *Negative Correlation*: Bitcoin can also be negatively correlated with certain assets, like gold, where investors flock to safe-haven assets during market downturns.

Keep in mind that cryptocurrency markets are highly volatile, and predictions may not be entirely accurate.