Bitcoin is now less volatile than S&P 500 and Nasdaq
A rare 2% daily loss for the U.S. dollar index gives Bitcoin and stocks an opportunity for gains, but BTC still undercuts the rest on volatility.
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A rare 2% daily loss for the U.S. dollar index gives Bitcoin and stocks an opportunity for gains, but BTC still undercuts the rest on volatility.
Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.
The company’s financial statements showed a decline in operating revenue and income due to the crypto bear market.
The fundamentals accompanying the previous Bitcoin bear markets are entirely different from 2022, however, putting the BTC price recovery at risk.
Huge tech stock losses, mostly occurring after the Wall Street close, fail to show up in Bitcoin price weakness.
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.
Volatility is closing in, but traders may have to wait until the end of the year if history is to repeat itself, one analyst warns.
Bitcoin price has avoided a bigger plunge below $18,000 in recent months, raising expectations that a market bottom is forming.
BTC price performance weakens after another crack at resistance near $20,000, but exchanges are showing a mounting tug-of-war between bulls and bears.
A relief bounce on risk assets looks to enter after Empire State Manufacturing Index numbers for October fall far short of expectations.