Bitcoin S&P 500 Correlation Means It Should Cost $18K, Says Analyst
Heavy correlation to the S&P 500 means that BTC/USD should be more like $18,000 unless the market falls, says the stock-to-flow creator. Go to Source Powered by WPeMatico
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Heavy correlation to the S&P 500 means that BTC/USD should be more like $18,000 unless the market falls, says the stock-to-flow creator. Go to Source Powered by WPeMatico
Bearish moves for stocks appear in line with rumors of an incoming crash, with Bitcoin hitting its lowest levels in almost 3 weeks. Go to Source Powered by WPeMatico
Experts are anticipating a stock market crash in the near term. Bitcoin may follow suit due to three main factors. Go to Source Powered by WPeMatico
The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia. Go to Source Powered by WPeMatico
Cryptocurrency mining ASIC producer Canaan filed with the U.S. SEC to issue around $12.4 million worth of shares to its employees. Go to Source Powered by WPeMatico
Mike Novogratz suspects Bitcoin’s recent upward price action is a result of the U.S. government’s corrective economic measures. Go to Source Powered by WPeMatico
The market remains uncertain in the shadow of the upcoming Bitcoin halving, but options trading makes it possible to profit from large price fluctuations Go to Source Powered by WPeMatico
Bitcoin stays higher after its surprise surge, extending its decoupling from traditional markets Go to Source Powered by WPeMatico
Imploding oil prices and a second day of losses in the S&P 500 and Dow have Bitcoin investors worried about its short-term price action Go to Source Powered by WPeMatico
Bitcoin price held steady at $6,850 even as oil prices dropped to historically low prices not seen in nearly a lifetime Go to Source Powered by WPeMatico