Bitcoin Decouples From S&P 500 – Good or Bad for BTC?
Over the last three weeks, the correlation between bitcoin (BTC) and the S&P 500 has been declining. As of February 17, the correlation dropped to zero, meaning BTC completely decoupled…
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Over the last three weeks, the correlation between bitcoin (BTC) and the S&P 500 has been declining. As of February 17, the correlation dropped to zero, meaning BTC completely decoupled…
Bitcoin remains in a state of balance between buyers and sellers, leading to uncertainty regarding its future price movements. The market has exhibited minor fluctuations, requiring increased trading activity to…
An analyst for the market intelligence platform CryptoQuant has predicted that bitcoin (BTC) could experience the “sell in May effect” in the coming months, even as the bull cycle remains…
Bitcoin’s price has been consolidating below the $100K level for the past few months, and it has yet to show any willingness for an impulsive move. However, things might be…
Based on past market data, the altcoin season starts when Bitcoin’s dominance begins to drop. This shows that crypto traders have begun withdrawing their capital from BTC and investing in…
Recently, Bitcoin’s (BTC) price action has placed the asset in an established range. The leading cryptocurrency has maintained the $91,000-$102,000 even amid sustained geopolitical tensions. This consolidation phase has now…
TL;DR XRP’s potential spot ETF approval has sparked hope, with analysts highlighting optimistic signals that could drive the price above $3. ADA’s recent gains, supported by Grayscale’s ETF application, have…
The past week has been rough for Bitcoin, with its price fluctuations influencing the broader altcoin market. As a result, the total crypto market cap declined by more than 2%…
The last 24 hours have not been pleasant for the crypto bulls since most of the leading digital assets have headed south. Bitcoin (BTC), for instance, retreated to roughly $96,000.…
“I see more and more evidence of why it will [go to $1 million], and less and less of why it won’t,” opined the chief executive of crypto asset manager…