Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.

Bitcoin failed to break above $90K again, while its gold correlation slipped deeper into negative territory. Bitcoin slipped ...

Bitcoin (BTC) is once again behaving differently from the traditional risk asset complex, and the latest divergence may be sending an important signal. Negative correlation between bitcoin and the ...

ORLANDO, Florida, April 10 (Reuters) - Correlations between U.S. stocks and bonds are weakening and in some cases turning negative for the first time in almost a year, breathing new life into the ...

Bitcoin (BTC) has historically moved in the opposite direction of the U.S. Dollar Index (DXY), which gauges the greenback's exchange rate against major fiat currencies, including the euro. The ...