Data shows Bitcoin's monthly volatility has been lesser than both Nasdaq and S&P 500 recently, here are their numbers compared. Bitcoin 30-Day Volatility Has Plunged Down To Just 1.4% In Recent Days As per the latest weekly report from Arcane Research, the US equities having a higher 30-day volatility than BTC has only happened twice since the year 2017....
Since the beginning of the year, the traditional financial market has been on a steady downward spiral. Russia's invasion of Ukraine seems to have acted as a spark that ignited the problems that have been piling up since the beginning of the pandemic, devastating most assets in its way. According to data from Bloomberg, almost $60 trillion has been wiped out from the...
Bitcoin surged by more than 5% today, but it's now trading in the red. Its price action is likely correlated with the S&P500 trading at its lowest level since November...
Soon as the U.S. equity markets opened on Tuesday, Bitcoin takes a dive under $19,000 once again. As of press time, the S&P 500 is 1.25% and Bitcoin sharing a greater correlation with the index puts some selling pressure on the world's largest cryptocurrency. As of press time, Bitcoin is... Read more
Following the higher-than-expected CPI inflation data on Tuesday, Bitcoin and the broader crypto market witnessed a sharp fall. Currently, Bitcoin is trading at 8.4% over the last 24 hours holding just above its crucial support of $20,000. Bitcoin's price crash came alongside that of the S&P 500 dropping 4.5% and... Read more
Over the last week, Bitcoin (BTC) and the broader crypto market have come under selling pressure. This happens as the global macro conditions continue to remain jittery with an expected rate hike by the Fed next month....
As equity markets begin to teeter and volatility in the legacy system increases through deleveraging, it seems that more pain is imminent for the bitcoin price....
Data shows the Bitcoin correlation with the stock market has been high in recent months as the crypto has been closely following S&P 500 and NASDAQ. Bitcoin Has Continued To Mimic Movements Of The US Stock Market In 2022 As per the latest weekly report from Arcane Research, while BTC has been more volatile than the stock market, the crypto's movements have still...
Holders who have accumulated bitcoin over the past six months aren’t liquidating their positions despite unrealized losses, suggesting conviction in the asset.This is an opinion editorial by Mike Ermolaev, head of public relations at the ChangeNOW exchange and a contributor for Bitcoin Magazine.A much-awaited recovery rally has occurred for bitcoin prices after a month of consolidation...
Data shows the Bitcoin correlation with the US stock market has remained at a high value recently as it saw an increase during the last week. Bitcoin Correlation With Stock Market Observed Slight Growth In Past Week According to the latest weekly report from Arcane Research, BTC's correlation with NASDAQ and S&P 500 is currently at a high value of more than...
Risk assets continue to face a challenging environment as Federal Reserve officials take incremental actions to tighten financial conditions.Darius Dale is the Founder and CEO of 42 Macro, an investment research firm that aims to disrupt the financial services industry by democratizing institutional-grade macro risk management processes.Key Takeaways...
Data shows Bitcoin has continued to become increasingly tied to the US stock market as the crypto's correlation with Nasdaq reaches a new all-time high. Bitcoin's Correlation With The Stock Market Continues To Go Up According to the latest weekly report from Arcane Research, the BTC-Nasdaq correlation has grown to a new ATH of over 0.8. The "...
The crypto market has persisted in tracking the stock market closely. The trend has been recently noted in the market performance of Ethereum, the second-largest crypto by market cap. ETH climbs as S&P 500 records gains Per data from crypto market behavior analysis platform, Santiment, following a positive close in the S&P 500 index the...
Elon Musk will acquire popular social media platform Twitter for $43.4 billion. The Tesla and SpaceX CEO has long used the platform to promote crypto assets like Dogecoin and Bitcoin, post memes, and get himself in trouble with the SEC. Musk aims to launch "new features," "increase trust" by making "algorithms open source," defeat spam...
NYDIG’s February report highlights how Ukrainian military support continues its influx by the millions as Russian Bitcoin transactions rise.$57 million have been donated for military support in Ukraine as of March 4. Russian Bitcoin transactions have increased as the BTC/RUB pair trades $62 million, but it does not seem to have affected the BTC price.Bitcoin is up roughly 9% for the...
Bitcoin’s monetary competition is flailing as evidence mounts that the “everything bubble” will soon pop.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...
Data shows the correlation between the Bitcoin price and the stock market is going up, putting the "digital gold" narrative at risk. Bitcoin's Correlation With The Stock Market Has Shot Up In Recent Times As per the latest weekly report from Arcane Research, BTC's price has increasingly become correlated with the stock market in the last couple of...
Bitcoin price this week touched $34,000 per coin, sending chills down the spines of once bullish crypto investors. But before you consider waiving the white flag and ditching your coins for good, take a look at this comparison between the top cryptocurrency by market cap and the S&P 500. Bitcoin is currently in a wave 4 flat correction. The current...
As bitcoin gains mainstream acceptance from centralized financial institutions, will Wall Street come to ruin what is most powerful about the asset?Bitcoin’s potential is immense — an independent global reserve asset, the foundation of a more ethical financial system, uncorrupted by centralized financial overlords. But what is the risk that bitcoin could become co-opted and corrupted by those centralized...
In the last few days, bitcoin has shown the beginnings of a long-awaited decoupling point.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....
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