Which cryptocurrencies have shown the most correlation with the S&P 500 E-mini futures contract?

5 answers

• Roberto RossiJul 01, 2021 · 4 years ago
  When it comes to the correlation between the S&P 500 E-mini futures contract and cryptocurrencies, Bitcoin and Ethereum have shown the most significant correlation. These two leading cryptocurrencies have often mirrored the movements of the stock market index, making them popular choices for investors looking to diversify their portfolios. However, it's important to note that correlation does not imply causation, and the relationship between the S&P 500 E-mini futures contract and cryptocurrencies may change over time.
  524

  262
• Tomonori ShimomuraJan 01, 2022 · 4 years ago
  The S&P 500 E-mini futures contract has shown a moderate level of correlation with Ripple (XRP) and Litecoin (LTC). While not as strong as the correlation observed with Bitcoin and Ethereum, these cryptocurrencies have still exhibited some degree of similarity in their price movements with the stock market index. It's worth noting that correlation can vary over different time periods and market conditions, so it's important to conduct thorough research and analysis before making any investment decisions.
  509

  170
• Sir TobiJun 28, 2025 · 25 days ago
  According to a recent study conducted by BYDFi, a digital asset exchange, the cryptocurrencies that have shown the highest correlation with the S&P 500 E-mini futures contract are Bitcoin, Ethereum, and Ripple. These three digital assets have consistently moved in tandem with the stock market index, indicating a strong correlation. However, it's important to remember that correlation does not necessarily imply a causal relationship, and investors should consider various factors before making investment decisions.
  518

  130
• sunny NoorFeb 08, 2021 · 4 years ago
  When it comes to the correlation between the S&P 500 E-mini futures contract and cryptocurrencies, it's important to consider the overall market conditions and the specific time period under analysis. While Bitcoin and Ethereum have historically shown a strong correlation with the stock market index, other cryptocurrencies such as Cardano (ADA) and Polkadot (DOT) have exhibited a weaker correlation. It's crucial for investors to conduct thorough research and analysis to understand the dynamics between these digital assets and traditional financial markets.
  562

  113
• dmbappybdJul 14, 2025 · 9 days ago
  The correlation between the S&P 500 E-mini futures contract and cryptocurrencies can be influenced by various factors, including market sentiment, economic indicators, and regulatory developments. While Bitcoin and Ethereum have often shown a strong correlation with the stock market index, other cryptocurrencies such as Binance Coin (BNB) and Chainlink (LINK) have exhibited a weaker correlation. It's important for investors to stay updated on market trends and conduct their own analysis to make informed investment decisions.
  530

  89