Bitcoin marches to its own drum. Over the past decade, its 30-day rolling correlation with traditional stocks sits around just 0.2—that's remarkably low. Put it this way: BTC's price movements align more closely with avocado futures than equity markets. This uncorrelated behavior is precisely why many investors view Bitcoin as a portfolio diversifier, offering genuine independence from traditional asset classes.
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FlashLoanLarry
· 44m ago
BTC is really crazy; its correlation with the stock market is only 0.2. That's what makes it valuable... Without this independence, I would have sold it all off long ago.
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not_your_keys
· 7h ago
The correlation between BTC and stocks is so low that it's making me want to reconfigure my wallet. But on the other hand, is it really true? 0.2 is so exaggerated.
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ApeEscapeArtist
· 7h ago
Is BTC really that independent? I feel like every time the US stock market crashes, it also drops... How is this 0.2 correlation coefficient calculated?
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New_Ser_Ngmi
· 7h ago
The decoupling of BTC and stocks has been known for a long time, but comparing it to avocado futures? Haha, that's hilarious. That analogy is just too perfect.
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SignatureVerifier
· 7h ago
0.2 correlation? ngl that feels cherry-picked. need to see the actual data distribution before buying into the "bitcoin is uncorrelated" narrative—statistically improbable unless they're carefully selecting timeframes to exclude the obvious coupling during systemic shocks.
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ShibaMillionairen't
· 7h ago
BTC's independence is indeed absolute. A 0.2 correlation indicates it doesn't dance with the stock market at all. This is truly a safe haven asset.
Bitcoin marches to its own drum. Over the past decade, its 30-day rolling correlation with traditional stocks sits around just 0.2—that's remarkably low. Put it this way: BTC's price movements align more closely with avocado futures than equity markets. This uncorrelated behavior is precisely why many investors view Bitcoin as a portfolio diversifier, offering genuine independence from traditional asset classes.