<ul><li>Crypto assets and US stocks are displaying a high correlation, suggesting that macroeconomic factors impacting equity markets also influence the digital asset landscape.</li><li>The 40-day correlation coefficient for the top 100 digital assets and the S&P 500 Index is around 0.67, indicating a significant alignment.</li><li>This correlation has been more pronounced following the Federal Reserve's interest rate cut and the recent record highs in US stocks and Bitcoin.</li><li>Investor sentiment has been boosted by Vice President Kamala Harris's support for AI and cryptocurrencies, as well as expectations of further stimulus measures in China.</li></ul>

Crypto And US Stocks Near-Record Correlation Levels After Fed Rate Cut—What To Watch For

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