2022-3-23 11:37 |
The 90-day correlation between the top cryptocurrency and the S&P 500 has risen to the highest level since October 2020.
Similar to Notcoin - Blum - Airdrops In 2024
2022-3-23 11:37 |
The 90-day correlation between the top cryptocurrency and the S&P 500 has risen to the highest level since October 2020.
Similar to Notcoin - Blum - Airdrops In 2024
The statistical analysis of the blockchain analytics company Santiment shows that Ethereum’s price and the S&P500 Index are closely correlated.
2022-3-10 15:07 | |
The bitcoin price is currently extremely dependent on the stock market. The level of correlation between the cryptocurrency and the US stock index S&P 500 reached its maximum, CryproQuant analysts noted.
2022-3-1 00:04 | |
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 analyst in a CryptoQuant post, the BTC correlation with the stock market is currently at an all-time high, further damaging the “safe haven” narrative.
2022-2-24 22:00 | |
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 […]
2022-1-26 22:11 | |
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.
2022-1-12 04:00 | |
Meanwhile, Bitcoin’s correlation with gold has been mostly negative as the traditional safe-haven trades around $1,785 per ounce, down 14% from the $2,075 ATH hit in August 2020. The post Bitcoin’s Correlation With S&P 500 And Nasdaq Is On The Rise As Markets Await Fed’s FOMC Meeting first appeared on BitcoinExchangeGuide.
2021-12-14 16:29 | |
In the past 24 hours, 417,654 traders were liquidated for $2.58 billion, with Binance leading at 28% of its share despite underreporting, and now, CME is leading Bitcoin OI at $3.72 bln. The post Crypto Market Tanks: Bitcoin Correlation with S&P 500 Reaches 2021 High & USD Longs at Highest Level since June 2019 first appeared on BitcoinExchangeGuide.
2021-12-4 16:46 | |
Meanwhile, the dollar is surging as the Fed turns hawkish, which is not a good look for Bitcoin as it historically has a negative correlation with the DXY index. The post Bitcoin’s Correlation With The Tech-Heavy Nasdaq and S&P 500 Hits A Multi-Month Low first appeared on BitcoinExchangeGuide.
2021-12-1 16:29 | |
Crypto assets are not really having a good time, with Bitcoin stuck around $56,500 and Ether below $4,300. But crypto assets are not alone in that as speculative stocks aren’t any different as losses picked up in very-high-priced technology names as the bond market started to price in higher odds of rate hikes next year […] The post “Fear” in The Crypto Market And Bitcoin’s Correlation With S&P 500 Climbs to Highest Level of 2021 first appeared on BitcoinExchangeGuide.
2021-11-25 16:36 | |
Trading around $34,500, Bitcoin’s price remains range-bound between $30k and $40k. The lack of any price action has volatility simply plunging to April levels. Amidst this low volatility, Bitcoin’s correlation with the S&P 500 has started to rise in recent weeks while the leading cryptocurrency’s correlation with commodities continues to fall.
2021-7-12 15:27 | |
The correlation between the prices of the flagship cryptocurrency, NASDAQ and S&P 500 rates rocket, here's why
2021-6-4 12:59 | |
Bitcoin's correlation with the S&P 500 has risen in the recent past. However, the said hike in correlation may not be ideal given that gold, stocks, and equities are selling off further as 10-yearThe post Bitcoin: How can the market tackle selling pressure in the near-term? appeared first on AMBCrypto.
2021-3-6 09:30 | |
This Bitcoin divergence supports arguments for portfolio diversification that includes cryptocurrencies. Low Correlation to Bitcoin, More Diversification According to the analysis, the 90-day correlation between BTC and the S&P 500 index has recently dropped from 0.
2021-2-16 21:25 | |
The correlation between Bitcoin (BTC) and the S&P 500 reached a 10-month low, according to Santiment. The post Correlation between Bitcoin and S&P 500 hits a 10-month low appeared first on CryptoSlate.
2020-12-12 19:00 | |
Bitcoin price has been on a wild run since October 7 after bouncing off a low of $10,546. On October 21, the digital asset broke its correlation with the stock market and major indices like the S&P 500, cracking $12,000 and $13,000 on the same day.
2020-11-16 10:24 | |
Bitcoin has pushed seriously higher over the past few days despite some mixed performance in the S&P 500. The leading cryptocurrency is up around $2,000 over the past seven days, having rallied as high as $13,250 after bottoming at $11,200 last Thursday.
2020-10-24 13:00 | |
Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent.
2020-10-22 16:00 | |
Bitcoin spiked to a new 2020 high of nearly $13,300, a level last seen in early July 2019 after Paypal announced it would allow its customers to use cryptocurrencies. The leading cryptocurrency jumped 8% yesterday and 16.
2020-10-22 15:08 | |
Bitcoin has undergone a strong rally over recent months, gaining in tandem with legacy markets. While many think that the cryptocurrency’s rally is just a byproduct of a correlation with the S&P 500, there are some that think the asset has immense intrinsic value in the current macro environment.
2020-10-13 13:00 | |
Bitcoin’s search results on Google are one of the hottest topics in the correlation narrative. You have for long read stories of Bitcoin’s correlation with gold, with the S&P 500, or specific The post Here's another reason to be optimistic about Bitcoin this year appeared first on AMBCrypto.
2020-10-11 18:00 | |
While Bitcoin is holding $10,000 firmly, it did slide to nearly $10,400 on Friday following the news of President Donald Trump testing positive for coronavirus. And so did the stocks by 1%. This has been because of Bitcoin’s correlation with the S&P 500, which is just above +47%.
2020-10-3 17:32 | |
Bitcoin is looking to resume its uptrend towards $12,500 based on its proximity with traditional rival gold. The analogy pops out of an erratic positive correlation between the two assets that have caused them to trade in tandem since March 2020.
2020-9-29 14:00 | |
Tesla and Bitcoin price surged higher after recovering from a sharp correction, leading analysts to take a closer look at the BTC to S&P 500 correlation.
2020-9-10 07:17 | |
The continued correlation between Bitcoin (BTC) and U. S. stocks in 2020 is calling into question crypto’s place as a hedge against market uncertainties. The largest crypto by market capitalization recently suffered a $1,500 decline which coincided with a massive gutting of tech stocks.
2020-9-10 21:30 | |
According to Arcane Research, "BTC tends to follow the S&P 500 when the volatility increases." This held true for the March crash.
2020-9-8 15:05 | |
Bitcoin wasn’t created as a normal equity investment. However, analysts have correlated it with Gold and S&P 500 every cycle. This is drawing speculative traders in, and Bitcoin is being purchasThe post Bitcoin's correlation with Gold and S&P 500, is it your best bet? appeared first on AMBCrypto.
2020-9-2 13:00 | |
The second-largest cryptocurrency by market cap is making strides once again. After a quiet couple of weeks that was marked by price correlation to Bitcoin, Ethereum is once again breaking away. Again, it is being pushed by Ethereum 2.
2020-9-1 09:33 | |
Bitcoin and the S&P 500 Index have gone through a short-lived correlation after the March crisis that saw both the traditional and crypto markets crash to record low levels. However, the correlation started to pull away once the adoption of crypto assets began to spike as both retail and institutional investors started to move funds […]
2020-8-22 17:03 | |
Bitcoin has been under pressure over the past three days after peaking at $12,500 earlier this week. Some argue that the retracement is purely based on technicals. But if you check the charts, there seems to be an evident inverse correlation between the value of the U.
2020-8-22 11:00 | |
Ever since last month, the one-month correlation between Bitcoin and S&P 500 has been on a constant decline, going from an all-time high of 78.8% on July 8th to now just at 26%. While the equities market is continuing on its upwards trend with a few retracements along the way, after trading sideways for close […]
2020-8-9 17:50 | |
Bitcoin’s price action has become increasingly dependent on that of the S&P 500 over recent months. The correlation is so strong that it has been observed by analysts who do not actively watch the cryptocurrency space, such as a team at JP Morgan.
2020-7-24 13:00 | |
The correlation between Bitcoin and its traditional rival Gold reached a four-month high on July 22. At the same time, the cryptocurrency’s correlation with the S&P 500 index plunged to its one-month low.
2020-7-23 07:53 | |
Bitcoin eyes a significant plunge entering further into the third quarter as S&P 500 stocks unveil a 45 percent drop in quarterly profits. The correlation between the cryptocurrency and the US benchmark index last week hit a record high.
2020-7-15 08:34 | |
Bitcoin is an uncorrelated asset no longer.
The post Bitcoin’s correlation with the S&P 500 has an unexpected silver lining appeared first on CryptoSlate.
2020-7-12 14:00 | |
Bitcoin’s correlation to the S&P 500 has reached a new all-time-high, what does this mean for BTC price?
2020-7-12 07:23 | |
Kraken’s June 2020 Bitcoin Volatility Report posits that bitcoin (BTC) annualized volatility crashed to a 6-month low of 51 percent and a reversal in the coin’s bullish trend increased its correlation with the S&P 500 from 0.
2020-7-11 01:08 | |
Analysts expect bitcoin’s positive correlation to traditional markets to continue and strengthen.
2020-7-11 20:11 | |
According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500.
2020-7-9 20:54 | |
Bitcoin's correlation with the S&P 500 is somewhat erratic, but the relationship has just got stronger. That may not be bad news.
2020-7-5 15:29 | |
Bitcoin rose in the first session of July as it maintained its short-term positive correlation with the S&P 500. The gains followed the release of the ADP National Employment Report, revealing an addition of 2.
2020-7-2 08:19 | |
Save for a few blips here and there, Bitcoin has more or less tracked equities over recent months. The below image from Charles Edwards, a digital asset manager, shows this correlation quite well. The correlation between crypto and the S&P 500 has also been tracked by analysts at JP Morgan.
2020-6-30 15:06 | |
Bitcoin fell 0. 31 percent in the early Monday session. The cryptocurrency’s plunge followed a similar downside move in the S&P 500, validating its growing correlation with the U. S. index.
2020-6-29 09:32 | |
Bitcoin's price plunged on the charts yet again, with the same falling by over $500 in a span of 20 hours. Owing to the high correlation indices shared by the market's alts with the world's largest anThe post Tezos, Binance Coin, Dash Price Analysis: 25 June appeared first on AMBCrypto.
2020-6-25 16:00 | |
The prices of Bitcoin (BTC) and the S&P 500 (SPX) have been positively correlated for the majority of 2020. While they have de-coupled over the past two months, correlation is once again at an all-time high.
2020-6-25 23:30 | |
Whale manipulation did not crash the price in March 2020, asserts Stock-to-Flow creator PlanB. The analyst claimed that the cryptocurrency’s growing correlation with the U. S. benchmark S&P 500 led it lower.
2020-6-23 16:00 | |
The correlation between Bitcoin and the S&P 500 has proven to be dangerous for the first-ever cryptocurrency. It even helped to drag down the asset during the Black Thursday collapse. The crypto asset’s new bull market on the horizon.
2020-6-22 22:30 | |
Bitcoin price could retest $10,000 this week on its growing correlation with the S&P 500. The cryptocurrency could head higher as a veteran strategist sees S&P 500 rising by roughly 7 percent this week.
2020-6-22 14:02 | |
As Bitcoin continues to trudge between the $9,500 and $10,000 range, altcoins prospects may be bolstered. The king coin's stability off-late may have irked investors but for the top-ranking coins in tThe post Bitcoin's highest correlation is with XRP, while BTC-ETH comes in fourth appeared first on AMBCrypto.
2020-6-21 18:00 | |
As Bitcoin maintains its positive correlation with the S&P 500, a top analyst has predicted an all-time high for the U. S. benchmark. Research firm DataTrek published a note earlier this week that the S&P would rise by another 14 percent by the end of 2020.
2020-6-18 16:00 | |