Bitcoin's ability to serve as a hedge against the U.S. dollar is becoming uncertain, as the crypto is aligning with the ...

Not surprisingly, Binance’s native token ... to currently an inverse correlation. Correlation coefficients range between 1 and -1, with the former indicating a direct pricing relationship ...

Binance said. The cryptocurrency has a closer correlation with equities of 0.32. However, “despite short-term swings, BTC may still have room to reassert a more independent macro identity ...

Correlation coefficients measure the relationship between ... the shift in pricing relationship occurred on the same day that Binance and FTX’s tentative deal fell through.

Memecoin activity up as Bitcoin-S&P 500 correlation hits new high: Binance Research Open in App ...

While Binance has sought to attract new users ... development in the cryptocurrency landscape. The robust correlation coefficient between Bitcoin and Ripple's prices is indicative of this evolving ...

Bitcoin's 30-day price correlation with the NASDAQ 100 (NDX ... a Bitcoin whale recently withdrew $200 million worth of BTC from Binance, signaling long-term accumulation. Bitcoin whales shifts ...

The upheaval sent Bitcoin’s price tumbling to as low as $25,600, while the cryptocurrency’s correlation with equities ... Meanwhile, Binance accounted for $189 million for liquidated positions.

Bitcoin's correlation with U.S. stock markets hits ... and the validation of crypto as an asset class. Also Read: Binance Under Scrutiny: Australia's Financial Watchdog Investigates Crypto ...

After FTX crashed, the world of crypto seemed to belong to the largest exchange, Binance. Less than a year later, Binance is the one in distress.