According to André Dragosch, PhD (@Andre_Dragosch), recent quantitative macro analysis indicates that Bitcoin's price movements have become less correlated with changes in global growth expectations and are now more influenced by other macro factors, such as monetary policy shifts and the strength of the US Dollar. In contrast, the S&P 500 continues to be primarily driven by global growth outlook. This decoupling suggests that traders should closely monitor central bank policy and currency trends for Bitcoin trading strategies, rather than relying on traditional equity market correlations. Source: Twitter/@Andre_Dragosch, May 2, 2025.

According to Skew Δ (@52kskew), recent trading sessions have shown that Bitcoin (BTC) exhibits a strong correlation with equities during US market hours, while post-US hours the correlation shifts towards gold. Traders should monitor these intraday correlation patterns for potential opportunities, as this strategy has repeated in recent weeks (source: Skew Δ, Twitter, April 30, 2025). These insights are critical for timing entries and exits in both spot and derivatives markets, especially for those leveraging cross-asset arbitrage and volatility trading.