Bitcoin & S&P 500 Show Moderate Bull Market Correlation

Recent data suggests that Bitcoin and the S&P 500 may be in a late-stage bull market, with both assets exhibiting strong correlation. This coincides with rising institutional interest and positive corporate earnings season. Bitcoin reached an all-time high of $125,689 as ETF inflows fueled market sentiment. CryptoQuant analyst Axel Adler Jr. reports a 52-week return rate of +13% for both assets, highlighting their close correlation during this period.