# Bitcoin-S&P 500 Correlation Hits 0.80, Highest Since May 2022

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/51915
Published: 2026-11-08T23:41:48.000Z
Updated: 2026-11-08T23:41:48.000Z
Section: Investing

> The figure covers daily percentage changes across 30 U.S. stock trading sessions. The measure stayed well below 0.80 for most of the period since 2020.

Bitcoin (BTC) and the S&P 500 had a strong positive correlation in their daily percentage changes over a 30-session period of U.S. stock trading, with the coefficient reaching 0.80.

The reading was the highest since May 2022. For most of the period since 2020, the measure had stayed well below 0.80.

Correlation describes the strength and direction of the relationship between two series. A 0.80 reading does not mean Bitcoin and the index had equal-sized daily changes.