Analyst Explains Why Bitcoin Is Trading Almost Exactly Like the S&P 500

On Wednesday, Bitcoin was pushing $9,500. The cryptocurrency had finally begun to rally after sustaining a dip to $8,900 on the weekend. Many said that BTC was poised to rally...

Why Bitcoin Trading in Tandem With the S&P 500 Isn’t a Bad Thing: Analysts...

One of the most common narratives in the Bitcoin space is that it is entirely uncorrelated with other financial markets. Because cryptocurrencies are mostly separate from normal economic trends,...

Eerily Accurate Trader Says the S&P 500 Is on Thin Ice, and That’s Bad...

After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin has shed 9% from the local highs while the...

Why One Analyst Thinks the S&P 500 Will Determine the Fate of Bitcoin

Bitcoin has established a striking correlation to the legacy markets throughout the past several weeks, with this coupling holding strong despite BTC making several attempts to break it throughout...

Stock and Oil Markets Unravel Further, is Bitcoin Next?

Stock and oil markets extended their decline to new lows on Wednesday, as investors are in a rush to cash in amid the COVID-19 pandemic. Bitcoin has shown a...

Bitcoin Price Rebounds Perfectly in Line With Stock Markets

Bitcoin price surged 12% in the last 24 hours, according to Coinmarketcap data. The bullish mood coincides with the recent rebound in the US stock market, as S&P 500...

Bitcoin (BTC) Worth Screams Purchase As US Greenback, Shares Rally

All’s nicely that finish’s nicely. The US inventory market appeared to have adopted the message in spirit because it began the week and ended the month at this time...

Fundstrat’s Tom Lee: Bitcoin Bull Market Will Comply with S&P 500 Surge

World equities must put up contemporary highs earlier than Bitcoin re-enters its bull market, one of many business’s best-known analysts has mentioned. Lee: Bitcoin Wants To Stop ‘Trendless Macro’ Section In...

S&P 500 Tumbled Proper Earlier than Bitcoin (BTC) Value Crash; Coincidence?

Bitcoin worth has misplaced over 15% since Monday, although the largest a part of the decline occurred yesterday. Curiously, the US inventory market crashed just a few hours earlier...

Bitmex CEO: ‘You’ll Be Capable of Use Bitcoin and Buy the S&P 500’

Bitmex CEO, Arthur Hayes, revealed that his platform needs to launch Bitcoin-backed quick time period bonds. He additionally needs to permit shopping for S&P 500 and Nasdaq QQQ indices...
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