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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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  • bitcoinBitcoin(BTC)$89,040.00-3.61%
  • ethereumEthereum(ETH)$3,014.38-4.06%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.33%
  • binancecoinBNB(BNB)$880.14-2.47%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.52-4.91%
  • tronTRON(TRX)$0.2856660.07%
  • staked-etherLido Staked Ether(STETH)$3,018.18-3.87%
  • dogecoinDogecoin(DOGE)$0.138881-6.13%
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  • bitcoinBitcoin(BTC)$89,040.00-3.61%
  • ethereumEthereum(ETH)$3,014.38-4.06%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.33%
  • binancecoinBNB(BNB)$880.14-2.47%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.52-4.91%
  • tronTRON(TRX)$0.2856660.07%
  • staked-etherLido Staked Ether(STETH)$3,018.18-3.87%
  • dogecoinDogecoin(DOGE)$0.138881-6.13%