Bitfinex’s post-election assessment described Bitcoin as trading in tandem with the Nasdaq. Bitfinex also put the 10-year real yield at about 2.6%.
A separate EconoTimes analysis of Bitcoin and Nasdaq-100 returns found a 0.63 correlation between their daily log returns over 30 shared U.S. market dates ending Oct. 26. That earlier window predates the midterms. The coefficient describes how closely the two return series moved together during that period; it does not establish what caused either series to move.
