Here’s why the Nasdaq 100 and Bitcoin correlation has faded
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….
Tag: correlation
Bitcoin-Ether Correlation Dips Below 80% For First Time In 2 Years
Crypto Information: A considerable change within the relationship between the world’s two largest cryptocurrencies was just lately noticed because the correlation between the costs of Bitcoin and Ether dropped under….
Bitcoin Up After Fed Rate Reveal, Correlation With Stocks Over?
Bitcoin has surged above the $29,000 mark following the Fed price hike of 25 bps, an indication that the asset could also be decoupling from the shares. Bitcoin Has Jumped….
Bitcoin Stays Stagnant with Strengthened DXY Negative Correlation as US GDP Slows
The US Commerce Division’s current exhibits that financial development and GDP have slowed whilst Bitcoin struggles to regain $30,000. The worth of Bitcoin (BTC) has remained comparatively stagnant for a….
Bitcoin and the S&P 500 move in a tight correlation. The 2023 price action is relevant for understanding the direct correlation.
Bitcoin and the S&P 500 transfer in a decent correlation The 2023 value motion is related for understanding the direct correlation If shares bounce, Bitcoin ought to comply with For….
Bitcoin Emerges As Safe-Haven Asset With Correlation To Gold At 2-Year High
Bitcoin, the digital foreign money as soon as thought-about a unstable funding, has discovered a shocking ally within the type of the age-old commodity: gold. Since March, the correlation between….
Bitcoin-Gold Correlation Hits All-Time High
Bitcoin correlation with Gold continues to rise since March because of uncertainty amid the banking disaster and better rates of interest. The banking disaster led traders to place their cash….
BTC Correlation With Gold Surges
The Bitcoin protected haven narrative could also be again as knowledge reveals the cryptocurrency’s correlation with Gold has surged in latest months. Bitcoin Correlation To Gold Has Elevated Throughout The….
Bitcoin-Gold Correlation Hits A New Multi-Year High
The world’s largest cryptocurrency Bitcoin (BTC) delivered a really robust efficiency throughout the first quarter of 2023 by gaining almost 70%. At the moment, the BTC worth is beneath consolidation….
Bitcoin correlation with stocks rises again, normal service resumed
Key Takeaways Bitcoin had deviated barely from shares over the past couple of weeks Correlation has bounced again since Tech-heavy Nasdaq continues to commerce in lockstep with Bitcoin as traders….