Recently it seems like Bitcoin and the S&P 500 have been rising and falling in tandem. Especially so during this recent market downturn. Is there a reason for that? Are the two assets actually correlated? And what about other large cryptos like Ethereum and Litecoin? In this video, we look at correlation between these 3 cryptos and the S&P 500 to see what’s really going with large cap crypto projects.
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0:00 Bitcoin Fall on Russia and Ukraine War News
3:31 What is the S&P 500?
4:44 Risk On/Off Assets
6:42 Crypto Investment Correlations
10:44 Altcoin Correlations
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The Life and Death of a Certain K. Zabriskie, Patriarch by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/…
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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
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