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Last updated: June 18, 2025, 16:33  |  Written by: Jesse Powell

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Standard Chartered

Correlation Starting to Emerge Between BTC and the

Standard Chartered's Geoffrey Kendrick has recommended buying the dip in bitcoin as the cryptocurrency faces pressure from its growing correlation with the Nasdaq.

Bitcoin Outperforms Nasdaq, S&P 500 Amid Correlation Dip

Figure

Bitcoin Massively Outperforming S&P 500 Amid Risk

¿Bitcoin perdió su correlación con Nasdaq y S&P 500?

Figure 3 plots the rolling 50-day correlation between bitcoin’s price movements and the S&P 500 Index in 2025. The average level was roughly around 0.1, with high levels breaching 0.4

Is Bitcoin’s Correlation with Nasdaq a Risk or

Bitcoin Surpasses S&P 500 Despite Market Downturn

Correlación De Bitcoin Con S&P 500 y Nasdaq Alcanza

Bitcoin Has Outperformed The S

Bitcoin Reclaims Strong Correlation With S&P 500 –

A recent research report by NYDIG brought to light that Bitcoin’s correlation with the equity market has been significantly declining from its Covid era peak. As depicted

Bitcoin has outperformed the S&P 500 with only a 28% dip during the recent market downturn compared to the latter’s 19%. Analysts suggest this is due to Bitcoin’s

DYNAMIC CORRELATIONS: BITCOIN VS. OTHER ASSET CLASSES

Standard Chartered analyst says 'buy the dip' amid bitcoin-Nasdaq

Jesse Powell can be reached at [email protected].

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