During the final three months of 2023, there was a marked increase in the values of cryptocurrencies like bitcoin and ether, which rose by 51% and 36% respectively. This upward trend in the market has left many traders feeling optimistic about what’s to come in 2024.

As investors get their 2024 strategies in order, here is a review of some of the charts and data points that defined the crypto market in 2023. 

Bitcoin’s correlation with stocks 

Bitcoin’s correlation with the S&P 500 and Nasdaq Composite indexes whipsawed this year. 

The asset was most closely correlated with the S&P 500 in February 2023, when its 30-day rolling average coefficient hit 0.9. The max is 1, meaning…

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