Are Bitcoin Price And Equities Performance Correlated?

Are Bitcoin Price And Equities Performance Correlated?
фото показано с : bitcoinmagazine.com

2022-1-12 04:00

Potential correlation between bitcoin and equities is in focus as the S&P 500 reached as far as 4.2% below its all-time highs.

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.

Source: TradingView

The two assets have been trading in a very correlated fashion since the start of the new year. With the stock market open this morning, both assets sold off in tandem, with bitcoin bouncing first with equities following, which serves as a strong sign for bitcoin investors.

Currently the rolling one-month correlation between the two assets is +46.7%.

Source: Skew

Despite the mostly positive correlation between the two assets over the past 24 months, the S&P 500 is down by 76% in BTC terms since the start of 2020.

Source: TradingView

Investors across the equity and crypto markets are keeping a close eye on the upcoming CPI print this coming Wednesday, with the current prediction number at 7.1% year over year. The consensus is that the market's selloff off in inflation comes in stronger than the predicted figure, with higher relative inflation meaning increased pressure for the Fed to hike rates in 2022.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 98428.02 (+0.19%)
Объем 24H $102.04b
Изменеия 24h: 4.95 %, 7d: 10.14 %
Cегодня L: $94006.77 - H: $98752.04
Капитализация $1947.451b Rank 1
Цена в час новости $ 43821.74 (124.61%)

equities bitcoin reached 500 far all-time highs

Источник: bitcoinmagazine.com

equities bitcoin → Результатов: 126


Фото:

Two Popular Altcoins Still Recording Over 140% Gains in 2020 So Far

As Bitcoin jumps to nearly $6,900, altcoins follow up. However, this time, the world’s leading cryptocurrency is the one that is ruling the market with over 6% gains in the past 24 hours. After experiencing a massive sell-off that dominated all asset classes, whether equities or gold, Bitcoin with other risky and safe-haven assets are […]

2020-3-24 20:45


Crisis Impact: Most Assets Returned to 2016 Prices While Bitcoin Holds Strong

Bitcoin and the rest of the cryptocurrency market has been collapsing alongside traditional equities, precious metals, and the rest of the financial world as a liquidity crisis unfolds. Fears over the coronavirus has investors preparing for the worst, cashing out assets at a rapid rate, and driving down prices of most assets to prices not...

2020-3-19 19:00


Crypto exchange white-label Modulus over $1M in BTC accepted since adding as payment option

Modulus, a US-based developer of high-performance trading and surveillance technology for global equities, derivatives, and digital asset exchanges, today announced that it has had great success in accepting blockchain payments in bitcoin (BTC) from clients for services rendered in the licensing and servicing of its proprietary white-label digital asset exchange.

2020-3-18 02:57


Фото:

Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week.

2020-3-12 01:48


Фото:

Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually did

The Bitcoin price has climbed by 15 percent in the past two weeks from $8,565 to $9,800. While many attribute the upsurge to the coronavirus outbreak, that argument is far-fetched. Bitcoin was on an upward trend regardless Throughout the past 12 months, the Bitcoin price has not demonstrated a clear inverse correlation with the equities […] The post Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually did appeared first on CryptoSlate.

2020-2-6 15:30


Bitcoin is Currently The Most Undervalued Asset: Crypto Management Firm’s Founder Travis Kling

“BTC is the most undervalued asset in the world today,” while equities, bonds, precious metals, real estate, and venture capital are all near their all-time highs, says Ikigai founder Travis Kling. Hitting New Peaks The yellow metal, gold recently jumped to a fresh six-year high and is now trading near this level. Experts believe the […]

2019-10-10 17:06


Bitcoin Is The “Most Significant Investment Opportunity Of A Generation”: Analyst Travis Kling

“Bitcoin is too good at being a store of value right now to be a good method of exchange,” said Travis Kling, equities portfolio manager turned crypto fund executive. Recently, he stated how “nobody wants to be the Bitcoin pizza guy” and spend 10,000 Bitcoins on a pizza. It also doesn’t make sense when there […]

2019-9-16 22:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru