Bitcoin could be viewed as serving multiple purposes in a tech portfolio, paving the way for more institutional buying, the ...
Standard Chartered's Geoffrey Kendrick, has found a strong correlation between Bitcoin and the Nasdaq Composite.
Bitcoin jumps again after Tesla CEO Elon Musk says the company will now accept the world’s largest digital currency as payment for its electric vehicles. The price of Bitcoin rallied again on ...
This could be random behavior, but reviewing the return correlation between equities and bitcoin shows a closer relationship in recent years. The second chart below shows the rolling 1-year ...
Tesla (TSLA) shares ended the last trading session ... empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Now, here is the chart for the Correlation shared by the analytics firm, which shows the trend in the metric’s value for Bitcoin and S&P 500 over the last few months: As displayed in the above ...
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