Am I the only on who thinks that Bitcoin price movements have changed in the more recent months and now more closely resemble that of the stock market (positive correlation)?
Based on what I remember, the early Bitcoin was priced more like a hedge against corrections in the stock market.
Do you have any solid numbers like the correlation coefficient, which measures the strength of this relationship, and how it changed for the last few months? Basically, what is your methodology or is it just how you feel?
I haven't made the effort to collect stock exchange and Bitcoin price data yet. It's just my personal (subjective) observation. I might do it when I have more time at my disposal.