#BTCvsMarket

• Bitcoin: Reached a high of nearly $109,000, currently around $93,800.

• S&P 500: Down over 12%, entering a downturn after two years of gains.

• Gold: Surged to a record high of over $3,500 per ounce, marking a nearly 30% increase.

• Bitcoin & S&P 500: Historically, Bitcoin had a low correlation with the S&P 500. However, over the past five years, the 30-day correlation has often exceeded 70%, indicating a stronger relationship between the two assets.

• Bitcoin & Gold: The 30-day rolling correlation between Bitcoin and gold has been around 0.68, suggesting a moderate positive relationship.