English, asked by raziatareen118, 2 months ago

cryptocurrency relationship with stock market?

Answers

Answered by likithmilky143

Explanation:

Overall, there is significant connectedness between the major stock markets and cryptocurrencies, which provides a potential avenue for diversification for investors. This figure represents the wavelet coherence of stock returns and cryptocurrencies pairs

Answered by ImpressAgreeable4985

Answer:

at 0.33

Explanation:

What is the correlation between Bitcoin and the stock market?

In fact, the 100-day correlation coefficient of Bitcoin and the S&P 500 stands at 0.33, among the highest such readings this year. Bitcoin has long been championed by advocates as an asset uncorrelated from traditional financial markets.

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