Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 261
    CryptoMarketNewsSponsored Article

    Millionaire’s Guide to Smart Investments: MoonBull Whitelist is the Next Big Crypto Presale, While Brett and Shiba Inu Rally

    Are you on the lookout for the next big crypto presale that…

    By
    Benedikt Krüger
    August 8, 2025
    image 241
    CryptoMarketNewsSponsored Article
    Shiba Inu and Pepe See Double-Digit Volume Drops While MoonBull Becomes the Next Big Crypto Presale to Watch
    August 8, 2025
    Trump Taps Pro-Bitcoin Economist Stephen Miran for Key Federal Reserve Role
    NewsCryptoMarket
    Trump Taps Pro-Bitcoin Economist Stephen Miran for Key Federal Reserve Role
    August 8, 2025
    UK’s Union Jack Oil Turns West Newton Gas into Bitcoin Mining Powerhouse
    NewsBitcoinCryptoMining
    UK’s Union Jack Oil Turns West Newton Gas into Bitcoin Mining Powerhouse
    August 8, 2025
    Vitalik Sounds the Alarm: Could Ethereum’s $10B Treasury Boom Trigger the Next Big Crash?
    NewsCryptoEthereum
    Vitalik Sounds the Alarm: Could Ethereum’s $10B Treasury Boom Trigger the Next Big Crash?
    August 8, 2025
  • Cryptocurrency
    image 261
    Millionaire’s Guide to Smart Investments: MoonBull Whitelist is the Next Big Crypto Presale, While Brett and Shiba Inu Rally
    11 Min Read
    image 241
    Shiba Inu and Pepe See Double-Digit Volume Drops While MoonBull Becomes the Next Big Crypto Presale to Watch
    6 Min Read
    Trump Taps Pro-Bitcoin Economist Stephen Miran for Key Federal Reserve Role
    Trump Taps Pro-Bitcoin Economist Stephen Miran for Key Federal Reserve Role
    6 Min Read
    UK’s Union Jack Oil Turns West Newton Gas into Bitcoin Mining Powerhouse
    UK’s Union Jack Oil Turns West Newton Gas into Bitcoin Mining Powerhouse
    6 Min Read
    Vitalik Sounds the Alarm: Could Ethereum’s $10B Treasury Boom Trigger the Next Big Crash?
    Vitalik Sounds the Alarm: Could Ethereum’s $10B Treasury Boom Trigger the Next Big Crash?
    6 Min Read
    image 238
    Fill Your Wallets Before It Moons: MoonBull Is Gearing Up to Be the 1000x Crypto – Brett and Notcoin Stay Bullish
    9 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Bitcoin Increases Correlation with S&P 500 Following Fed’s Rate Cuts!
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Bitcoin Increases Correlation with S&P 500 Following Fed’s Rate Cuts!
News

Bitcoin Increases Correlation with S&P 500 Following Fed’s Rate Cuts!

representing Bitcoins correlation with the stock market particularly the SP 500. The image should feat
Benedikt Krüger
Last updated: September 26, 2024 12:06 pm
By
Benedikt Krüger
Published September 26, 2024
2 Min Read
Share

Cryptocurrencies, often viewed as independent from traditional markets, are now showing a significant alignment with stock market trends. Recent interest rate cuts by the U.S. Federal Reserve (Fed) have led to an increased correlation between digital assets and major stock indices.

Contents
The Rising Correlation Between Cryptocurrencies and the Stock MarketImpact of Fed’s Rate CutsAnalysts’ Insights on Market Trends

The Rising Correlation Between Cryptocurrencies and the Stock Market

Recent statistics gathered by Bloomberg show that the correlation between the top 100 digital assets and the S&P 500 index has risen to 0.67 over the last 40 days. This figure is remarkably high, indicating that macroeconomic variables are influencing both markets simultaneously. The only time this level of correlation was surpassed was in Q2 of 2022, when it peaked at 0.72.

Impact of Fed’s Rate Cuts

The Fed’s recent decision to lower interest rates has had a broad impact on various asset classes. U.S. stocks have surged to new highs, and gold prices have also seen a significant uptick. Cryptocurrencies, including Bitcoin, have mirrored these trends, with Bitcoin recently surpassing the $64,000 mark. According to Caribbean Mauron, co-founder of liquidity provider Orbit Markets, the Fed’s continued rate cuts could maintain this correlation unless a major, unforeseen event specific to the crypto market occurs.

Bitcoin and the SP 500 showing an increasing correlation. The image should depict Bitcoin symbols and sto

Analysts’ Insights on Market Trends

In July, IDX Advisors CIO Ben McMillan predicted that this rising correlation—then at 0.6—was likely to continue. McMillan noted that digital assets are increasingly behaving like risk assets and emphasized the importance of considering this correlation when constructing investment portfolios. These findings illustrate how crypto investments are now being influenced by broader economic policies and market behaviors.

The evolving relationship between cryptocurrency and traditional stock markets highlights the growing influence of macroeconomic factors on digital assets. The Federal Reserve’s interest rate policies play a central role, with high correlation figures further supporting this case. Investors should be mindful of these developments and integrate this information into their broader financial strategies, recognizing that digital assets are increasingly acting like traditional risk assets.

Bitcoin, S&P 500, Federal Reserve, correlation

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Memecoin Festival Returns! This Altcoin Surges by 50%!

Robinhood Expands Reach: Crypto Services Go Live in Spain Under MiCA

Russia Imposes Winter Ban on Cryptocurrency Mining

Best Cryptos to Join Now: Best Cryptos to Join Now: Why Qubetics, Bitcoin, and Cardano Are Top Picks

Didn’t Get in on Ponke? MoonBull Is the Best Upcoming Crypto for 2025 – Claim Your Whitelist Spot Now

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByBenedikt Krüger
Benedikt Krüger is a seasoned blockchain developer and cryptocurrency analyst with 10 years of experience in the field. Starting his career in software development, Benedikt quickly transitioned into blockchain technology, where he has worked on several pioneering projects, including the development of secure blockchain networks and decentralized platforms. His expertise includes blockchain security, cryptographic protocols, and the technical underpinnings of cryptocurrency systems. At DT NEWS, Benedikt provides readers with in-depth technical analysis and expert commentary on the latest trends in the blockchain and cryptocurrency industries, ensuring they stay ahead of the curve in this fast-paced sector.
Previous Article representing Solanas rise and its competition with Ethereum. The image should abstractly show a visual representa Can Solana’s Rise to $330 Challenge Ethereum’s Market Dominance?
Next Article the accumulation of NEIRO altcoin by major crypto whales. The image features the NEIRO logo prominently with whale graphics Latest Data Reveals: Major Whales Are Accumulating This Altcoin!
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English