Seems S&P 500 is not more correlated with BTC as before but more correlated to Crypto Market Cap (TOTAL2).
You could consider this a relative effect of BTC Dominance moving under 50%.
It is healthy because the BTC ETF could concentrate the whales and with altcoins market is it possible to reduce the concentration.
It is just a speculation.
You could consider this a relative effect of BTC Dominance moving under 50%.
It is healthy because the BTC ETF could concentrate the whales and with altcoins market is it possible to reduce the concentration.
It is just a speculation.