Correlation between Bitcoin and S & P 500 index continues to rise

According to AMBCrypto, according to data from Skew markets, the realized correlation between Bitcoin and the S & P 500 Index has been rising since the first week of March 2019, surging from -10.9% to -3.5% in the past two weeks . The one-month correlation between these two assets now exceeds the one-year correlation. In addition, the actual correlation between Bitcoin and gold has been declining over the past two weeks, from 31% to 21.6%. The relationship between Bitcoin and the S & P 500 Index and gold has intensified. After the decline since mid-January, the realized volatility spread of Bitcoin and the S & P 500 Index has shown a short but obvious direction change. On the other hand, the realized volatility between Bitcoin and gold dropped by 28%.