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The declining correlation between bitcoin and altcoins suggests potential for increased market volatility and forced ...
Bitcoin’s (BTC) dominance has fallen to its lowest level in over a year, recording its steepest weekly drop in three years.
Firms like GameStop and Trump Media are following the Michael Saylor playbook and treating bitcoin as a strategic reserve.
One Bitcoin analyst believes that the BTC price will shortly undergo a parabolic rise, which will lead to a 312% ROI by the end of 2024. Bitcoin 3-year chart pattern nears breakout point as ...
Two years into the first cycle, Bitcoin moved from $12 to $300 per coin, peaking just north of $1,000 after almost exactly a full year with the lower rewards. From July 2016 to the summer of 2018 ...
The statistics reveal that while the correlation between Bitcoin and gold over the past year was at 0.496, in the past three months this has almost doubled to hit 0.837 — where a coefficient of ...
Charts related to global central banks, U.S. financial conditions and the 10-year U.S. Treasury yield suggest the path of least resistance for the cryptocurrency is upward.
As indicated by the above chart, no major asset class has performed as well as Bitcoin over the past year. ... hit new all-time highs in terms of its correlation with the S&P 500. Last year, ...
Bitcoin-Nasdaq correlation reached its highest level in two years, as the release of US inflation data bolstered digital asset performance. Bitcoin and US tech stocks now have a 30-day correlation ...
Last week, the 30-day correlation between the two assets reached over 0.3, its highest in over a year, even as cryptocurrencies decoupled from equities, according to Kaiko.
Bitcoin trading volumes have slumped to their lowest level this year, on par with summer 2020. July's weekly average of $3 billion is about the same volume as in mid-December 2020.