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Tom Lee: Bitcoin’s Price Moves in Tandem With S&P 500

October 5, 2019 by DIGIT
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Bitcoin is positively correlated with the S&P 500 and is not a hedge against macro turmoil, according to Fundstrat Global Advisors co-founder Tom Lee

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Categories Bitcoin, Tom Lee
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  • bitcoinBitcoin(BTC)$89,824.00-1.12%
  • ethereumEthereum(ETH)$3,077.19-2.13%
  • tetherTether(USDT)$1.000.04%
  • solanaSolana(SOL)$236.859.21%
  • binancecoinBNB(BNB)$619.02-0.94%
  • rippleXRP(XRP)$1.08-6.09%
  • dogecoinDogecoin(DOGE)$0.3645440.03%
  • usd-coinUSDC(USDC)$1.00-0.09%
  • staked-etherLido Staked Ether(STETH)$3,080.05-2.01%
  • cardanoCardano(ADA)$0.70-7.39%
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  • bitcoinBitcoin(BTC)$89,824.00-1.12%
  • ethereumEthereum(ETH)$3,077.19-2.13%
  • tetherTether(USDT)$1.000.04%
  • solanaSolana(SOL)$236.859.21%
  • binancecoinBNB(BNB)$619.02-0.94%
  • rippleXRP(XRP)$1.08-6.09%
  • dogecoinDogecoin(DOGE)$0.3645440.03%
  • usd-coinUSDC(USDC)$1.00-0.09%
  • staked-etherLido Staked Ether(STETH)$3,080.05-2.01%
  • cardanoCardano(ADA)$0.70-7.39%