rate cut

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A split-screen image showing the S&P 500 index on one side and various cryptocurrencies like Bitcoin and Ethereum on the other, with a background of the Federal Reserve building and a political campaign event featuring Kamala Harris.

Crypto and S&P Correlation Reaches Unprecedented Level

By Vukan Ljubojevic | TH3FUS3 Senior Writer

The positive correlation between cryptocurrencies and the S&P 500 has reached unprecedented levels. Macroeconomic factors, especially the Federal Reserve's recent rate cut, play a significant role. Experts suggest an optimistic outlook for both markets.

September 24, 2024 06:00 AM

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