Bitcoin Volatility is Affecting U.S. Markets, According to A New Study

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DBS’s Chief Economist Taimur Baig and Macro Strategist Chang Wei Liang said in a research that finds the world’s largest token is no longer a peripheral asset class that S&P 500 contracts tend to exhibit larger swings when Bitcoin went up or down by 10% in an hour.

They examined four such trading days as examples of severe Bitcoin volatility — December 28, January 4, January 29, and May 19 — and compared the link to S&P 500 futures. According to the study, BTC and the S&P 500 are more favorably associated after a major crypto rise, with a correlation of 0.26 vs 0.19 under normal conditions.source