TechFlow reported, according to CoinDesk, data from charting platform TradingView shows the 90-day correlation coefficient between Bitcoin and Nvidia's stock price has risen to 0.86, the highest level since May 2023, turning positive in November. The 52-week correlation has remained positive since July 2020 and has now climbed to 0.88, the highest since January 2023.
A coefficient above 0.80 indicates a high degree of correlation between Bitcoin and NVDA, meaning they tend to move in the same direction.




