Context

The correlation between Bitcoin and the S&P 500 has been a topic of interest in financial research due to the growing of Bitcoin as a digital asset and its potential impact on traditional financial markets. Understanding this correlation is important for investors and analysts as it can provide insights into the relationship between the cryptocurrency market and traditional financial markets. It can also help in assessing the potential diversification benefits of including Bitcoin in investment portfolios.

Content

The dataset used in this research comprises the historical daily prices of Bitcoin and the S&P 500 index. It provides valuable insights into the price movements and trends of these two prominent financial assets. The data covers a significant time span, starting from January 2011 and continuing until December 2022. This period allows for a comprehensive analysis of the price dynamics and correlations between Bitcoin and the S&P 500.

By examining the daily prices over this extended timeframe, researchers can gain a deeper understanding of the long-term performance and volatility of Bitcoin compared to the S&P 500. The dataset provides a rich source of information for investigating various aspects, such as market trends, price fluctuations, and potential relationships between the two assets.

Acknowledgements

The dataset has been collected on the web Investing.com.