2018-11-2 14:00 |
The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of .
2. The stock market came back with a bounce in the past two days with chipmakers leading the way - Nvidia one of the biggest chipmakers for crypto mining GPUs bounced over 10% since the start of the week. .
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