Bitcoin Cash (BCH) sharply declined in a down-channel (white) since November last year. Although it broke out of the pattern recently, it struggled to find a strong recovery since then. From here on...
Tag: Correlation
Bitcoin Correlation With Wider Crypto Market Nears ATH As Investors De-Risk
Bitcoin correlation with Ethereum and the wider crypto market is now approaching the all-time high value as investors have taken a risk-averse approach recently. Ethereum And Other Altcoins Have Incre...
BTC, ETH correlation coming to an ATH; here’s what can follow next
Many crypto traders invested their hard-earned savings in Bitcoin, only for it to behave like. . .an alt? A report from Arcane Research took a closer look at this phenomenon, to better understand whet...
Ethereum Shows Even Closer Correlation with the S&P 500 Index than Bitcoin ⋆ ZyCrypto
Advertisement     The statistical analysis of the blockchain analytics company Santiment shows that Ethereum’s price and the S&P500 Index are clo...
Bitcoin’s Correlation With Stocks Hits 2-Month Low: Will It Decouple?
Bitcoin’s latest rally saw it diverge further from the equity market. While stock markets slumped further on news that the United States will ban Russian oil, the world’s largest cryptocurrency rallie...
Oil And Bitcoin, Is There a Correlation? – Trustnodes
As war rages in Ukraine, oil seems to be doing a bitcoin, racing above $115 for WTI, jumping nearly 7% in one day. These price levels have not been seen since 2008, 14 years ago, with oil seeing its b...
Bitcoin Correlation With S&P 500 Hits ATH
Data shows the Bitcoin correlation with S&P 500, and hence the stock market, has now set a new all-time high (ATH). Bitcoin Correlation With S&P 500 Reaches New High As pointed out by an analy...
Bitcoin and US Stocks Correlation at All-time High: the Good and the Bad
The start of 2022 has not been kind to bitcoin as the asset is down by more than 15% in less than two months. With this decline, the cryptocurrency has resembled the performance of the largest US stoc...
Crypto to decouple soon from stock prices? Pantera CEO explains the ‘correlation’ picture
As fears of the Federal Reserve’s hawkish stance on inflation intensify, the rising correlation between stock and cryptocurrency prices has also emerged as a worrying trend. However, the CEO and found...
Pantera Predicts Correlation Between Bitcoin And Traditional Markets Might Break This Spring
In a recent call with investors, executives from the crypto hedge fund Pantera Capital said they believe DeFi assets such as Ethereum could soon break out of their current correlation to traditional m...
Bitcoin spikes to $44.5K amid fresh warning over ‘exceptionally high’ stocks correlation
Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Resistance attacks slowly for...
As Bitcoin’s price dips along with Nasdaq, investors need to keep an eye on this correlation
Meta [formerly Facebook] took a hard hit when it lost more than $200 billion in value in a single day. If that wasn’t enough, the company’s Q4 report confirmed lower earnings per share than expected, ...
These factors are causing a rise in BTC, ETH’s correlation with the stock market
Going mainstream is not always the best outcome for assets, and cryptocurrencies have lent proof to the same. While a rise in adoption had definitely brought legitimacy and capital to the market, it h...
Bitcoin’s Correlation to Tech Stocks Surges Amid Macro Uncertainty: Analytics Firm IntoTheBlock
The price of Bitcoin (BTC) is increasingly correlating with that of tech stocks amid widespread uncertainty in the crypto markets, according to analytics firm IntoTheBlock. In a new article, the marke...
Bitcoin Tops $40K, Correlation to Global Markets on Edge: The Weekly Recap
The total cryptocurrency market has managed to recover a considerable chunk of its capitalization, with Bitcoin currently pushing above $40K. However, excluding today, we saw a serious correlation bet...
‘Unprecedented’ correlation between top cryptos and U.S. stocks, is there need to worry
There’s a growing correlation between virtual assets and financial markets. Before the pandemic, crypto-assets such as Bitcoin and Ether showed little correlation with major stock indices. But this ch...
the correlation between the stock market and the crypto trend
The Cryptonomist interviewed the team of Consultique, an Italian company based in Verona that focuses on independent financial advice. Every year, the company organizes the famous Fee Only Summit even...
Bitcoin Stock Market Correlation Puts Digital Gold Narrative At Risk
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 T...
DeFi Assets Crash, Bitcoin Exhibits Correlation with the U.S. Stock Market
Over the past week, bitcoin and cryptocurrency prices have tumbled. The crypto market as a whole has lost almost $1.4 trillion in value. The collapse has prompted warnings of a “crypto winter,” which ...
Bitcoin’s Positive Correlation With The Stock Market Index Records A Mild Increase
Bitcoin has often been touted to be a non-correlated asset that can be used to diversify risk in an investment portfolio. This may however be changing according to new data. Reuters reports that since...
Bitcoin’s correlation to the stock market continues to increase
The cryptocurrency market has recorded major price dips caused by ongoing market selloffs. While the crash has led most coins to move towards yearly lows, the correlation between Bitcoin price and the...
Data Shows Strong Correlation Between Bitfinex Reserve & Bitcoin Price During Crash To $35k
On-chain data suggests there may have been a strong correlation between the Bitfinex Reserve and the Bitcoin price during the crash to $35k. Bitfinex Reserves Rose Sharply As BTC Price Plunged Down To...
Bitcoin bounces at $41K as optimism increases over stocks correlation
Bitcoin (BTC) rebounded strongly from $41,000 during Jan. 20 as bears hoping for a step into lower territory stayed disappointed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from ...
IMF shares ‘stability concerns’ over crypto’s increasing correlation with stocks
One of the biggest appeals of Bitcoin and other cryptocurrencies lies in their ability to act as a hedge against inflation as opposed to traditional assets like bonds and equities. This has even spurr...
IMF Calls Growing Correlation Between Crypto and Financial Markets a Concern
A recent IMF report states that the crypto market is showing an increased correlation with stock markets. It calls this trend a threat that could have effects on global financial markets. The Internat...
IMF deems Rising Crypto and stocks Correlation Disastrous, Proffers Global Solution
Cryptocurrencies are no longer “fringe” assets in the financial market according to the International Monetary Fund (IMF). The IMF warns that there needs to be a coordinated global regulatory framewor...
Bitcoin’s Correlation With S&P 500, Nasdaq Hits Highest Level Since July 2020
Historically, Bitcoin has maintained a relatively low correlation to traditional asset classes, including equity indices and commodities like gold. However, in recent weeks, the leading cryptocurrency...