Macro research

Bitcoin vs S&P 500 Correlation

Measure rolling 90-observation correlation between Bitcoin and S&P 500 returns.

Rolling correlation

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FRED observations are aligned to the nearest available Bitcoin daily price. Indexed views set both series to 100 at the first shared observation. The liquidity composite is measured in millions of USD and equals Fed assets minus reverse repo balances minus the Treasury General Account.

Data source: FRED