Ethereum And S&P 500: Animal Spirits Aligned


One would believe that the securities representing ownership of corporations and the world of digital currencies would have essentially absolutely nothing to do with one another, however in this all-assets-aligned world of ours, that isn’t the case. Once once again, Layered Charts concerned the rescue.

Check out versus the SPDR S&P 500 (NYSE:-RRB- over the previous 5 years. For a couple of years, they sorta-kinda had something to do with each other, however in the previous number of years, they’re essentially in lockstep Market psychology rules supreme!

Eth/Spy 5 Years Chart

Here’s simply the in 2015, in which current months have actually revealed a practically comic positioning in between the 2.

Eth/Spy 2 Years Chart
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