Bitcoin and S&P 500 Volatility Lockstep: 90-Day Correlation Hits Historic High
Markets just got a new power couple—and Wall Street isn’t sure whether to cheer or panic. Bitcoin’s volatility index (BVI) and the S&P 500’s VIX have hit a record 90-day correlation, blurring the lines between crypto and traditional finance.
When crypto twerks to Wall Street’s beat
Once dismissed as ‘digital gold,’ Bitcoin’s price swings now mirror the S&P 500’s fear gauge with eerie precision. Traders are left wondering: Is this the moment crypto grows up—or just proof everything’s rigged by the same algos?
The cynical take
Funny how Bitcoin’s ‘decentralized revolution’ now dances to the Fed’s tune. Maybe Satoshi should’ve patented ‘uncorrelated returns’ while he had the chance.