Crypto will become more correlated with the S&P 500

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From my experience, western stocks are very correlated to the S&P 500 and when more stocks become digital assets, then digital assets and cryptocurrencies will be more correlated with the S&P 500.
In my opinion, if the S&P 500 is bullish, then crypto is bullish too and when the S&P 500 is bearish, the same is true for the crypto markets at least long-term.
(Cryptocurrencies / Digital assets follow -> Bitcoin follows -> S&P 500) Assets often follow the biggest one, the trend is your friend.

Crypto will become more correlated with the S&P 500

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Alp เธฟ๐Ÿ“ˆ๐Ÿš€๐ŸŒ•
Coinmonks

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