After reaching an all-time high above $100,000, the Bitcoin price has entered a multi-week downtrend. This correction has naturally raised questions about whether Bitcoin is still aligned with the ...
The price of gold just soared past $3,000 ... look at Bitcoin's correlation with stocks and found that Bitcoin's correlation with the Nasdaq is now 0.5 and had peaked as high as 0.8 earlier ...
He noted that Bitcoin prices parallel Nasdaq’s (and U.S. technology stocks), and that the crypto has already begun to stumble along with Nasdaq’s recent 12% decrease. Further, he noted that ...
Bitcoin, in particular, has been sold as an inflation hedge, but history says it's the opposite. And that brings us to economic data that came out today. The PCE price index, which measures ...
Instead of trying to guess what Bitcoin's (CRYPTO: BTC) value will be in the future, a better approach might be to look at what could push its price higher -- and what might cause it to fall.
Following a sharp multi-week selloff that dragged Bitcoin from above $100,000 to below $80,000, the recent price bounce has traders debating whether the Bitcoin bull market is truly back on track ...
At the time, many investors were expecting the pro-crypto policies of the incoming Trump administration to send the price of Bitcoin soaring even higher. In fact, quite the opposite has happened.
With the prices of Bitcoin (CRYPTO: BTC) already down by 22% from their all-time high of $109,358 (reached on Trump's inauguration day, Jan. 20), buying these assets at the wrong time could expose ...
According to Askew, Bitcoin’s historical pattern of parabolic price increases followed by steep drawdowns is changing as institutional investors enter the market. At the same time, the mining ...
Bitcoin has fallen from its post-election highs ... Hougan described the recent price drop as a temporary setback, predicting that the market will soon recognize the long-term bullish implications ...
Today, Bitcoin's market cap is approaching $1.7 trillion. The total market cap of gold is close to $20.1 trillion based on recent prices. Therefore Bitcoin's price would need to rise by a bit more ...
The thinking was that such a move would negatively impact Bitcoin's price. That important risk factor is beginning to look like less of a worry these days. On March 6, President Donald Trump ...
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