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Bitcoin’s independence from S&P 500, Nasdaq grows post-election
It’s safe to say that Bitcoin has slowly evolved into a macro asset. As such, its relationship with major traditional indices like the S&P 500 (SPX) and the Nasdaq Composite (NDQ) becomes a significant indicator of investor sentiment and use case evolution. дальше »
2024-11-20 18:35
Why The S&P 500 Could Help Send Bitcoin Soaring Higher
While the world of finance can’t look past the recent year-to-date returns of Bitcoin and other cryptocurrencies, it’s the S&P 500 that has everyone glued to their seats. The S&P 500 is at the most-watched trend line in global markets and the outcome could ultimately give BTC a major boost. Here’s why. How The S&P […] дальше »
2023-1-27 01:13
How Will Charles Schwab’s Bullish S&P 500 Prediction Impact Bitcoin?
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. дальше »
2020-6-22 14:02
Bitcoin Risks an Abrupt Fall as Trump Threatens Phase One Deal With China
Bitcoin faces risks of a short-term, but steep downside correction as Donald Trump threatens to terminate the phase one deal with China. Investor fears that a new trade war with Beijing would escalate the global economic crisis further amidst the Coronavirus-induced lockdown. дальше »
2020-5-5 16:15
Global Hedge Fund Expects Bitcoin to Hit $8K; Here’s Why
Bitcoin rebounded by almost 94 percent after bottoming out below $4,000 in mid-March. And the cryptocurrency could extend its upside momentum, according to a prominent investment management firm. Coincident Capital said Tuesday that the bitcoin price could hit $8,000, taking cues from the recovery of global equities amidst an otherwise looming economic crisis. The Cayman... дальше »
2020-4-9 18:12
Global Market Beats Bullish Bitcoin in Q3/2019
Global markets performed better than non-correlated asset Bitcoin in the third quarter of 2019. The S&P 500 index (SPX) surged 0. 68 percent on a quarter-to-date basis. The same period saw the Dow Jones Industrial Average (DJI) delivering 0. дальше »
2019-10-1 16:00
Bitcoin prices have a daily surge in 3 months
1 digital currency back above $7,000 for the first time in five weeks and on track to record its biggest daily gain since April 12. In doing so, bitcoin BTCUSD, +9. дальше »