Correlation Between BTC and S&P 500 Begins to Emerge: Insights for Investors in Cryptocurrency and Traditional Markets
Since Donald Trump’s election as U.S. president on November 5, Bitcoin (BTC) has surged by approximately 47%, notably outperforming the S&P 500’s 4% increase. Trump’s support for cryptocurrencies, along with the Republican control of Congress, could influence important regulations in the crypto space. According to Andre Dragosch from Bitwise, the stock Market is feeling pressure ...
