Auto Added by WPeMatico

Bitcoin and Asian Equity Markets’ Return Correlation Increased 10x Over Pandemic: IMF

Before the world was hit by COVID-19, crypto assets such as Bitcoin and Ether showed little correlation with financial markets. Post-pandemic, the lines have become increasingly blurry. In a new…

Continue ReadingBitcoin and Asian Equity Markets’ Return Correlation Increased 10x Over Pandemic: IMF

Bitcoin Dips Below $46K on Global Markets’ Omicron Fears Plunge (Market Watch)

Bitcoin’s suffering continues as the cryptocurrency failed at $47,000 and dropped below $46,000. Most altcoins are also well in the red, with Ethereum trading beneath $3,800 and Binance Coin close…

Continue ReadingBitcoin Dips Below $46K on Global Markets’ Omicron Fears Plunge (Market Watch)

Bitcoin Rejected at $60K Amid Fears of New COVID Variant: This Week’s Recap

The past seven were somewhat successful for Bitcoin, and the total market capitalization managed to increase by some $150 million. Some altcoins are really taking off, while others are seemingly…

Continue ReadingBitcoin Rejected at $60K Amid Fears of New COVID Variant: This Week’s Recap

Omicron (OMC) Cryptocurrency Spikes 716% After WHO’s Name Choice for the Latest COVID-19 Strain

This may be good news or bad news – depending on how you take it. A small-cap cryptocurrency surged 716% over the weekend… following the WHO’s naming of the most…

Continue ReadingOmicron (OMC) Cryptocurrency Spikes 716% After WHO’s Name Choice for the Latest COVID-19 Strain

Anthony Scaramucci: Cryptocurrency Markets Had Their Black Friday On November 26

Today was an ugly day for the cryptocurrency world. In fact, it was a bad day for the financial markets in general. The U.S. stock indexes fell 2% on average,…

Continue ReadingAnthony Scaramucci: Cryptocurrency Markets Had Their Black Friday On November 26

Crypto Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns

The new COVID-19 variant coming from South Africa has brought more pain to all financial markets. As the futures contracts of the world’s most prominent stock indexes have slumped, the…

Continue ReadingCrypto Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns