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Bitcoin's daily moves showed moderate correlation with S&P 500 from 2023 to 2025, rising in market stress.

Market News
31 Oct 2026, 01:19 WIB
Tokenpost
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Neutral
Bitcoin's daily moves showed moderate correlation with S&P 500 from 2023 to 2025, rising in market stress.

Bitcoin's daily price movements had a moderate correlation of 0.30 with the S&P 500 index from January 3, 2023, through April 14, 2025. This correlation tended to increase during periods of market stress, indicating that Bitcoin and stocks sometimes moved more closely together in turbulent times. However, this correlation does not prove that Bitcoin consistently fell alongside stocks or that it reliably protected investors from losses during market downturns. Understanding this relationship helps investors evaluate Bitcoin's role in portfolio diversification.

Bitcoin's correlation with stock markets is the subject, with Pluang market data as of Oct 31, 2026 04:41 WIB. Among 50 major cryptocurrencies, 10 rose and 39 fell today. Bitcoin (BTC) was priced at Rp1.393.157.240 with a 1-day change of -3.74%, showing Pluang order activity of 42% Sell and 58% Buy, and a typical hold time of 112 days.

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