Analysis: Bitcoin separates from the US commodity market in the short term.

Bitcoin has been moving in the same direction despite small changes in the US market since March 2020, reports Bitcoinist. The cryptocurrency's performance has been close to the S&P 500 for the past three months, with the relationship ending last week. But this week, things are different, as a one-month relationship between Bitcoin and the S&P 500 fell from 78.8% to 56.8%. On Wednesday, the S&P 500 was up 0.9% while Bitcoin was down 0.72%.