Name: Bitcoin's 60-Day Correlation with the Nasdaq 100 Turns Negative: Kaiko Data
Uploaded: 2023-12-14T16:38:25.000Z
Duration: 54 s
Description: Bitcoin's (BTC) 60-day correlation with the Nasdaq 100 turned negative in December according to data from Kaiko. This is the first time the correlation dropped below 0% this year. What does the correlation mean for the crypto market's next moves? CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CD20$2,071.101.04%BTC$77,261.950.81%ETH$2,112.460.96%XRP$1.350.66%SOL$85.380.78%

Bitcoin's 60-Day Correlation with the Nasdaq 100 Turns Negative: Kaiko Data | CoinDesk Videos

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CD20$2,071.101.04%BTC$77,261.950.81%ETH$2,112.460.96%XRP$1.350.66%SOL$85.380.78%

Bitcoin's 60-Day Correlation with the Nasdaq 100 Turns Negative: Kaiko Data | CoinDesk Videos