Hey kids! Did you know Bitcoin, a type of digital money, used to move up and down a lot with the stock market? But something interesting happened! Now, they're not so connected anymore. This means Bitcoin's price might do its own thing, separate from what happens with regular stocks.
- Bitcoin's price is no longer strongly linked to the S&P 500 (a big collection of US stocks).
- This means Bitcoin might move up or down independently of the stock market.
- Experts think this could be a big deal for Bitcoin's price.
Fact | Details |
---|---|
Correlation | The connection between Bitcoin and the stock market has dropped to zero. |
Bitcoin Price | Around $96,000 currently. |
Prediction | Some think Bitcoin might move significantly because of this change. |