Coinbase analysis: bitcoin and S & P 500 index linkage is temporary

The compliant exchange Coinbase published an article analyzing the historical correlation between Bitcoin and the S & P 500 index, and concluded that the historical correlation between the two assets fluctuates between 1.00 and -1.00, that is, the two assets are sometimes positively correlated , Sometimes negatively correlated. This means that BTC’s recent positive correlation with the volatility of the US S & P 500 Index is temporary.