According to Jinseo Chaing, a cryptocurrency media outlet, the asset class with the highest positive correlation with the Bitcoin price over the past 30 days was the U.S. S&P index (0.348), and the asset class with the highest negative correlation was the dollar index (-0.12). appeared. During the same period, the correlation coefficient between BTC and gold was calculated to be 0.124. The correlation coefficient is calculated from 1 to -1; a higher value is interpreted as a positive correlation showing similar price movements, and a lower value is interpreted as a negative correlation showing opposite price movements.