Inflation Data Takes Its Toll On Market; BTC-SPX Correlation Rises To One-Year High

During the ongoing sell-off in the market, BTC’s correlation with S&P 500 has risen to a one-year high. BTC’s realized volatility has risen by more than 50% since the start of this month. The prices of risk-on asset classes fell sharply yesterday, shortly after the U.S Department of Labor released inflation data. The report suggested […]The post Inflation Data Takes Its Toll On Market; BTC-SPX Correlation Rises To One-Year High appeared first on Vauld Insights.