Search Results for "correlation"
Bloomberg Report: COVID Stock Market Shake-Out Accelerating Bitcoin Maturation Into Digital Gold
A new report from international news agency Bloomberg indicates that the COVID-19 pandemic’s shake-out of the stock market may be accelerating Bitcoin’s maturation into a new kind of digital gold.
Why is the Bitcoin Price Correlation with the Stock Market Currently High?
Unlimited Quantitative Easing has had the most significant impact on the stock and crypto market, meaning both markets have a strong correlation with monetary policy.
Bitcoin Whale Addresses Continue to Grow, as Smaller BTC Holders Sell at $23K for Profit
Crypto on-chain analytics firm recently noted that the number of Bitcoin holders with more than 1,000 BTC has continued to grow, almost reaching a new all-time high.
Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg
Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.
What Pfizer's COVID-19 Vaccine Means for the Bitcoin Price Outlook
Bitcoin saw a negative correlation with the traditional stock market, as hopes of the old normal economy were to be revived again.
What Happens if Bitcoin’s Price Surpasses $14,000? BTC Breaks Correlation with the S&P 500
Bitcoin has continued to surge after breaking through its resistance level at $12,000 last week following a series of institutional bullish Bitcoin news.
Cryptocurrency Market Opens The Week To Big Dip, What Coin Is The Biggest Loser Today?
The crypto market opened the week to a big bearish dip with 1inch taking the biggest hit
Understanding the Market Structure of Oil and its Correlation with Bitcoin
The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.
US Crypto Exchange Kraken Predicts Bitcoin Price Will Rally in October
US-based crypto exchange Kraken has released its September 2020 volatility report which predicts that Bitcoin’s price will likely rally in October.
Reasons Why the Bitcoin Price will Plunge Soon
Why the Bitcoin price could plunge soon? Reasons include technical analysis, DeFi hype collapse, US Dollar index and gold price correlation, and economic conditions
Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession
Bitcoin’s price is currently struggling to continue its push towards $12,000, however, a chance of a double-dip recession could take BTC higher.
Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?
While gold prices have recorded an all-time high this year, surpassing $2,000 per ounce, prices have dipped again lately.