Analyst: Bitcoin’s Evolving into the Stock Market Hedge Investors Crave

2019-4-13 00:15

Bitcoin is looking a lot less like the S&P 500 every day. Good thing, too, especially considering the doom-and-gloom pessimists have been peddling about the economy and especially corporate earnings.

Bitcoin’s Stock Market Correlation Plunged This Month A Fundstrat report reveals that bitcoin’s correlation to the S&P 500 took a nose dive in April, even as the price of the leading cryptocurrency has returned to bullish territory. This means that the dynamic between bitcoin and the stock market is increasingly an inverse one — when stocks go down, the price of bitcoin goes up. Given the nascent nature of the

The post Analyst: Bitcoin’s Evolving into the Stock Market Hedge Investors Crave appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 97044.3 (+1.18%)
Объем 24H $99.175b
Изменеия 24h: 3.63 %, 7d: 9.55 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1920.068b Rank 1
Цена в час новости $ 5582.34 (1638.42%)

bitcoin market stock especially analyst correlation 500

Источник: ccn.com

bitcoin market → Результатов: 126


Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000

Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.

2024-9-23 03:01


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Rally Continues: Analyst Predicts $70,000 Target Soon

Bitcoin continues to maintain its momentum toward the upward trajectory, touching the $68,000 price mark earlier today, leading to speculations about how long it will take to hit a new peak. Bitcoin To Reach $70,000 In A Matter Of Time With the price action of Bitcoin today, several crypto analysts are bullish about BTC as they believe that the crypto asset could reach a new peak very soon.

Tom Lee says bitcoin is maintaining key levels

Tom Lee, a prominent cryptocurrency analyst at Fundstrat, recently shared his observations on bitcoin's ability to maintain critical support levels in the face of significant regulatory challenges.

Bitcoin Price May Explode to $500,000, Says Fundstrat’s Tom Lee

Coinspeaker Bitcoin Price May Explode to $500,000, Says Fundstrat’s Tom LeeFundstrat's Tom Lee said that the price of Bitcoin could surge to $500,000 in the long term, but he failed to mention the exact timeline for such a pie-in-the-sky target to be achieved.