The correlation between the performance of Asia’s equity markets and crypto assets has increased as investors from that region piled into crypto in recent years, according to a blog from the Int...
Tag: Correlation
Correlation growing between crypto and equity markets in Asia, says IMF
Before the COVID-19 pandemic in Asia there was a strong division between the crypto and financial markets in general. Now, that border has got thinner and the situation demands additional regulatory m...
Is the Bitcoin Stock Market Correlation Finally Ending?
The correlation between bitcoin price and the stock market has grown to new highs this year. As a result, the movements in the macro markets have had a great impact on the price of bitcoin, one of the...
Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise
“Crypto, on the other hand, doesn’t have the same valuation metrics. It’s still in its infancy and so are its valuation models,” he said to CoinDesk via email. “That ambiguity, with respect to valuati...
Bitcoin’s Correlation With Stocks, Bonds Hits 3-Month Low
Bitcoin’s trading pattern with stocks and bonds starts to decouple after all-time highs earlier this year The decoupling is because bitcoin has largely underperformed the broader market, analysts said...
The true scope of APE & MANA’s correlation with Bitcoin for investors
With bullish momentum starting to wane across the cryptocurrency market, analysts hold varying views on whether the bear run in June brought in the bottom or not. With the total cryptocurrency market ...
Bitcoin-GDP correlation may explain drop in price as US enters a technical recession
The Times reported that the US had entered a technical recession as GDP shrank 0.9% annually after the second-quarter report was released Thursday. The chart below shows the real GDP of the US compare...
Bitcoin (BTC) & Stock Market Correlation is Crumbling! What This Means For BTC Price
The continued downward movement of the price of bitcoin indicates that the rebound in the cryptocurrency markets appeared to be short-lived. There are concerns that the price may not be able to sustai...
Bitcoin Up, Stocks Down as BTC Correlation to Nasdaq Weakens
While the crypto and stock markets both remain bearish, Bitcoin’s correlation with stocks is close to its lowest point this year. The 40-day correlation between the largest cryptocurrency and the Nasd...
Bitcoin’s Correlation With Stocks Nears Yearly Low
Bitcoin has slowly begun to decouple from equities, now nearing its lowest correlation with the stock market in 2022. A 40-day correlation coefficient between Bitcoin and the Nasdaq 100 index has fall...
Stock Market Correlation With Bitcoin Remains High, But Why?
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 Grow...
How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000
The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching $4...
Futuristic Projections of Cryptocurrency’s Correlation to the Stock Market – crypto.news
During the early days of Bitcoin, there wasn’t much (if any) correlation between the cryptocurrency and stock markets. From 2009 to the late 2011’s, Bitcoin started and achieved parity with the US dol...
Bitcoin’s Correlation with Nasdaq Keeps Increasing; Here’s Why It’s Bad News
Alex Dovbnya Bitcoin’s ever-increasing correlation with tech stock has delegitimized the “digital gold” narrative According to a chart posted by CNBC’s Dominic Chu, BitcoinR...
Bitcoin’s Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
On Wednesday, the U.S. Labor Department is scheduled to release June’s consumer price index figure. The data is likely to show the cost of living rose 1.1% month-on-month, bringing the annualize...
Crypto Market Correlation with Other Asset Classes Rises, Bitcoin Still on ‘Fear’ Index, Cosmos on the Rise – crypto.news
Despite the recovery witnessed in the cryptocurrency markets on Tuesday, investors are still reluctant to enter the market as demand for virtual currencies takes a slump. Correlation With Other Asset...
Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever. Bitcoin and the dollar go in oppos...
Bitcoin sees sharp decline in correlation with tech equities, Kaiko says
The correlation between Bitcoin (BTC) and Nasdaq 100 reduced this month after reaching a record of .8 last month, according to a new Kaiko report. While Nasdaq closed the week on a positive note of ov...
Are Institutional Investments Fueling Correlation Between Crypto and Stock Markets?
Interest rate hikes and runaway inflation has continued to engulf the investment scene, given that the global economy finds itself on rocky grounds based on factors like the invasion of Ukraine by Rus...
Correlation between crypto market and Fed rates
The crypto market seems to have already discounted an aggressive monetary policy including the upcoming July and September rate hikes by the Fed. Crypto are affected by the Fed’s rate decisions With s...
“Bitcoin’s Correlation With The S&P 500 Reached” ATH, Opportunity Knocks
This counterintuitive thinking by ARK Investment is the reason why we subscribe to their “The Bitcoin Monthly” report. While everybody complains about bitcoin’s dance in unison with the stock market,...
Bitcoin Holders To Remain Cautious As Correlation With Stocks Continues
Bitcoin’s correlation with the stock market has been on the rise over the last year. What started out slowly had quickly ramped up in the last few months to reach the highest correlation points in rec...
Shiba Inu: Here’s what 79% correlation with BTC could imply for SHIB traders
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Post its decline below the daily 20 EMA (red), Shiba Inu [SHIB] d...
Tether Denies Correlation Between Its Celsius Investment & USDT Reserves Amid On-Going Celsius Crisis
Tether announced Monday that it has no involvement with the ongoing crisis of Celsius’ native token and affirmed that it would not impact its USDT reserves. Celsius, a major cryptocurrency lending pl...
How Ethereum’s correlation to Bitcoin can affect its near-term price action
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum [ETH] investors were displeased after its inability to m...
FTX US Chief Brett Harrison Says Crypto Markets’ Correlation With Stocks Not What Traders Think – Here’s Why
Brett Harrison, CEO of crypto exchange FTX US is giving his take on why digital asset markets seem to be closely correlated with US stock indices. In a lengthy thread, Harrison addresses a common crit...
Bitcoin stocks correlation ‘feels like’ 100% as $30K BTC price frustrates
Bitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed an ongoing stocks correlation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sees “relie...
Long-Term Correlation Between Bitcoin and Wall Street Waned as BTC Has Better Returns (Report)
Prior to the pandemic, Bitcoin appealed to many as an inflationary hedge due to its low (near zero) correlation with traditional assets such as stocks. However, in recent times, the narrative has take...
High Correlation Casts Doubt Over Crypto’s Usefulness in Portfolio Diversification
Amid fears of recession and rising inflation, the cryptocurrency industry witnessed the entry of many new participants who bought digital assets to diversify portfolios. But the latest declines are hi...
Bitcoin Correlation to Wall Street Persists, Market Calms Down Following Terra Demise: This Week’s Crypto Recap
In the wake of Terra’s devastating collapse, the cryptocurrency market is taking a shot at recovery. In the past seven days, the total capitalization is up to $1.350 trillion, gaining roughly around $...
Bitcoin, Ethereum Reach Extremely High Correlation with Stocks, What This Means for Price
Tomiwabold Olajide Bitcoin (BTC) and Ethereum (ETH) continue to maintain an extremely high correlation with stock markets According to recent data shared by IntoTheblock analytics, Bitcoin (BTC) and E...