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Bitcoin

Is Bitcoin on the Verge of a Deeper Correction? The S&P 500 May Hold the Answer

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Bitcoin is consolidating near $82,000 to $83,000 after retreating from recent highs above $87,000. A new CryptoQuant analysis warns that the S&P 500 is showing similar weakness. Analysts are split on whether a deeper correction is coming. Here is what the data suggests. Why Bitcoin and the S&P 500 Are Moving Together The CryptoQuant analysis by nocoffeenobrain notes concurrent weakness in Bitcoin and the S&P 500. That setup has previously preceded deeper crypto declines. U.S. 10-year Treasury yields are pushing toward multi-year highs while momentum fades in both markets. Historical parallels include late 2018 and January to April 2025. In late 2018, yields rolled over from their peaks, equities came under pressure, and Bitcoin’s sell-off intensified into year-end.

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