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Table 1 shows that from 2020 through Feb 2025, Bitcoin daily returns have had a standard deviation of 4.06%, vs. 1.32% for the S&P 500, and its correlation to t
by Bostonian 1y ago
Table 1 shows that from 2020 through Feb 2025, Bitcoin daily returns have had a standard deviation of 4.06%, vs. 1.32% for the S&P 500, and its correlation to the S&P has been 0.38. The high volatility and positive correlation make it unattractive for people who are long stocks.