Bitcoin Price and Stocks Do Not Correlate, Indicates Latest FRED Data

2019-4-10 18:14

Cryptocurrency and stock price movements do not correlate with each other, indicated the latest Federal Reserve Economic Data (FRED). The data pitted S&P 500 index performance against the cryptocurrency index managed by US-based Coinbase crypto exchange platform.

The results were some interesting shaky lines – often going in the same but mostly in the opposite. . .

The post Bitcoin Price and Stocks Do Not Correlate, Indicates Latest FRED Data appeared first on NewsBTC.

. origin »

Bitcoin price in Telegram @btc_price_every_hour

Streamr DATAcoin (DATA) на Currencies.ru

$ 0.0006295 (+0.18%)
Объем 24H $118.783k
Изменеия 24h: -4.91 %, 7d: -1.33 %
Cегодня L: $0.000628 - H: $0.0006382
Капитализация $795.103k Rank 2053
Цена в час новости $ 0.0264449 (-97.62%)

data correlate fred latest price bitcoin index

Источник: newsbtc.com

data correlate → Результатов: 1


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Canton (CC) pulls back from highs as bulls struggle below $0.17

(CC) fell to around $0. 16 on Tuesday as sellers pushed the token lower from intraday highs, renewing questions about whether bulls can maintain the recent rally. The move marked a 3. 4% decline over the past 24 hours and followed a week of gains driven by network-related developments and new exchange listings that briefly brought the token back into focus for investors.

Is Bitcoin headed for $74K as ETF outflows and Iran risks rise?

Bitcoin has slipped below the $77,000 level in recent trading, extending a weak stretch that has been shaped more by institutional flows and macro shocks than retail speculation. The largest cryptocurrency is currently trading around $76,528, marking a 24-hour decline of roughly 1.

Worldcoin jumps 22%: why WLD price is surging today

Worldcoin has recorded a sharp 24-hour jump of about 21. 3%, to trade at around $0. 363 at press time. Today’s price surge extends a broader short-term rally that has seen WLD gain 47. 2% over the past seven days and nearly 38.

Polkadot price outlook: how Referendum 1890 could move DOT

Polkadot (DOT) has been trading in a narrow and uncertain range, with recent price action showing DOT hovering around $1. 24 to $1. 25, after a 1% decline over the past 24 hours. At the centre of attention is Referendum 1890, a governance proposal under Polkadot’s OpenGov system that is set to reshape validator economics.