Correlación entre el precio de Bitcoin y el de las acciones
According to a graph that is circulating a lot on X, the correlation between the price of Bitcoin and technology stocks would have dropped to 0. The source of the graph would be Bloomberg, but it was not possible to verify its origin with certainty. The correlation between the price of Bitcoin and stocks Note that the graph shows a correlation that has returned to zero after rising to 0.40 in recent months, and that was even below zero in 2019 and early 2020. Taking the Nasdaq as a reference, it is discovered that in the last 30 days the NDX index has grown by 6%, while the price of BTC has grown by 15%. So in the last 30 days the correlation between Nasdaq and Bitcoin has certainly not been zero, also because the profile of the two curves is similar. The situation changes if we also consider the past months, such as October when the Nasdaq lost 2% while Bitcoin gained 28%. By averaging the last two months, the correlation may indeed appear to be essentially zero, but it becomes positive again when comparing the annual trends of 2023. This year the Nasdaq has recorded a +54% increase, following last years bear market, while BTC is





