In latest discussions surrounding Bitcoin (BTC) and its potential future value trajectory, crypto-enthusiasts and analysts alike are discovering new correlations to dissect. Most notably, a correlation with the EURUSD pair….
Bitcoin and EUR/USD have a direct correlation If EUR/USD makes a brand new excessive for the yr, Bitcoin ought to observe Elliott Waves factors to a transfer again above 1.10….
Key Takeaways Crypto had moved in keeping with shares and different threat belongings all through the rate of interest tightening cycle This relationship weakened in June amid the crypto regulatory….
Bitcoin and EUR/USD have a direct correlation EUR/USD leads Bitcoin’s current bullish pattern has been primarily based solely on the greenback’s weak spot As we speak is the final buying….
Key Takeaways Bitcoin’s correlation with gold is at a two-year low Divergence highlights but once more that Bitcoin stays a risk-on asset This will change sooner or later, however for….
Regardless of the cooling inflation popping out of the US this week, Bitcoin (BTC) has didn’t compensate for the rally in US equities and the worldwide market. On Wednesday, July….
Key Takeaways Bitcoin’s correlation with gold is at the moment at its lowest degree since FTX collapsed in November Our Head of Analysis writes that whereas someday Bitcoin might develop….
Bitcoin’s correlation with the Nasdaq 100 has fallen to only 3% in June, down from the general 60% in 2022. BTC worth has outperformed the inventory index year-to-date and over….
Key Takeaways Our Head of Analysis, Dan Ashmore, digs into Bitcoin’s relationship with shares Correlation between Bitcoin and the Nasdaq is at its lowest level since 2018 The Nasdaq is….
Bitcoin value has crashed by about $6,000 from its highest level this yr. Nasdaq has moved into a robust bull market due to AI. The Federal Reserve will conclude its….
