{"id":58258,"date":"2022-02-22T19:29:33","date_gmt":"2022-02-22T17:29:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58258"},"modified":"2025-09-04T15:54:24","modified_gmt":"2025-09-04T12:54:24","slug":"report-bitcoin-sp-500-correlation-rises-amid-geopolitical-tensions","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/report-bitcoin-sp-500-correlation-rises-amid-geopolitical-tensions\/","title":{"rendered":"Report: Bitcoin\u2013S&#038;P 500 correlation rises amid geopolitical tensions"},"content":{"rendered":"<p>Heightened geopolitical tensions have increased the correlation between Bitcoin and the US stock index S&#038;P 500, according to an Arcane Research analysis.<\/p>\n<p><!--more--><\/p>\n<blockquote class='twitter-tweet'>\n<p lang='en' dir='ltr'>The Weekly Update: Week 7<\/p>\n<p>\ud83d\udd39Fear grows in both the stock and crypto markets<br \/>\ud83d\udd39Stablecoins continue to grow faster than the overall crypto market<br \/>\ud83d\udd39Remarkable <a href='https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw'>#bitcoin<\/a> performance differences between the first half of the month versus the second half<a href='https:\/\/t.co\/bwj5FmHe53'>https:\/\/t.co\/bwj5FmHe53<\/a><\/p>\n<p>\u2014 Arcane Research (@ArcaneResearch) <a href='https:\/\/twitter.com\/ArcaneResearch\/status\/1496127305802031109?ref_src=twsrc%5Etfw'>February 22, 2022<\/a><\/p><\/blockquote>\n<p> <script async='' src='https:\/\/platform.twitter.com\/widgets.js' charset='utf-8'><\/script><\/p>\n<p>According to researchers, the 90-day correlation between BTC and the \u201cFear and Greed Index\u201d has reached its highest level since October 2020. The statistical linkage between Bitcoin and gold, by contrast, has become negative.<\/p>\n<blockquote class='wp-block-quote is-layout-flow wp-block-quote-is-layout-flow'>\n<p>\u201cGold acts as a low-risk asset in this period of significant geopolitical uncertainty,\u201d experts said.<\/p>\n<\/blockquote>\n<p>Arcane Research also noted the crypto \u201cFear and Greed Index\u201d returning to around 20, indicating prevailing panics among market participants.<\/p>\n<figure class='wp-block-image size-large'><img loading='lazy' decoding='async' width='1024' height='378' src='https:\/\/u1f987.com\/wp-content\/uploads\/Index-2-1024x378.png' alt='Report: Bitcoin\u2013S&#038;P 500 correlation rises amid geopolitical tensions' class='wp-image-166187' srcset='https:\/\/u1f987.com\/wp-content\/uploads\/Index-2-1024x378.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Index-2-300x111.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Index-2-768x284.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Index-2.png 1494w' sizes='auto, (max-width: 1024px) 100vw, 1024px' \/><figcaption>Data: <a href='https:\/\/alternative.me\/crypto\/fear-and-greed-index\/'>alternative.me<\/a>, Arcane Research.<\/figcaption><\/figure>\n<p>Bitcoin\u2019s spot trading volume on centralized exchanges fell to levels last seen in December 2020.<\/p>\n<figure class='wp-block-image size-large'><img loading='lazy' decoding='async' width='1024' height='396' src='https:\/\/u1f987.com\/wp-content\/uploads\/Vol-2-1024x396.png' alt='Report: Bitcoin\u2013S&#038;P 500 correlation rises amid geopolitical tensions' class='wp-image-166188' srcset='https:\/\/u1f987.com\/wp-content\/uploads\/Vol-2-1024x396.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Vol-2-300x116.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Vol-2-768x297.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Vol-2.png 1427w' sizes='auto, (max-width: 1024px) 100vw, 1024px' \/><figcaption>Data: Skew, Arcane Research.<\/figcaption><\/figure>\n<p>In terms of technical analysis, experts noted that Bitcoin has found support at $36,500, a level that also held in February. If this level does not hold, the price could fall to $34,000.<\/p>\n<figure class='wp-block-image size-large'><img loading='lazy' decoding='async' width='1024' height='512' src='https:\/\/u1f987.com\/wp-content\/uploads\/TA-1024x512.png' alt='Report: Bitcoin\u2013S&#038;P 500 correlation rises amid geopolitical tensions' class='wp-image-166189' srcset='https:\/\/u1f987.com\/wp-content\/uploads\/TA-1024x512.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/TA-300x150.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/TA-768x384.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/TA.png 1197w' sizes='auto, (max-width: 1024px) 100vw, 1024px' \/><figcaption>Data: <a href='https:\/\/ru.tradingview.com\/symbols\/BTCUSD\/'>TradingView<\/a>, Arcane Research.<\/figcaption><\/figure>\n<p>However, analysts are confident that the most important support range is $28,000-$30,000. It represents the bottom of the bear market in the summer of 2021.<\/p>\n<p>As a key resistance level, experts cited the $40,000 mark.<\/p>\n<p>Against deteriorating market sentiment, the total capitalization of stablecoins continues to rise, approaching the $200 billion mark.<\/p>\n<figure class='wp-block-image size-full'><img loading='lazy' decoding='async' width='838' height='651' src='https:\/\/u1f987.com\/wp-content\/uploads\/Stablecoins-2.png' alt='Report: Bitcoin\u2013S&#038;P 500 correlation rises amid geopolitical tensions' class='wp-image-166190' srcset='https:\/\/u1f987.com\/wp-content\/uploads\/Stablecoins-2.png 838w, https:\/\/u1f987.com\/wp-content\/uploads\/Stablecoins-2-300x233.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Stablecoins-2-768x597.png 768w' sizes='auto, (max-width: 838px) 100vw, 838px' \/><figcaption>Data: CoinGecko, Arcane Research.<\/figcaption><\/figure>\n<p>Tether (USDT) remains the leader in the segment, holding a 44% market share. USDC follows with 29% and BUSD with 20%.<\/p>\n<p>Earlier, Glassnode analysts <a href=\"https:\/\/u1f987.com\/en\/news\/glassnode-analysts-flag-risks-of-further-bitcoin-price-decline\">pointed out<\/a> the risks of further declines in Bitcoin price amid expectations of a Federal Reserve rate hike and geopolitical tensions.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href='https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g' target='_blank' rel='nofollow noopener'>YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Heightened geopolitical tensions have strengthened the correlation between Bitcoin and the US stock index S&#038;P 500.<\/p>\n","protected":false},"author":1,"featured_media":58259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1874,1145],"class_list":["post-58258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arcane-research","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=58258"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58258\/revisions"}],"predecessor-version":[{"id":58260,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58258\/revisions\/58260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58259"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}