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Bitcoin's Decline Threatens Crypto's 2023 Lead Over Stocks


Despite Bitcoin (BTC)’s promising 76% rally year to date (YTD), some relative stagnancy and a modest decline this month has the digital currency market losing its momentum over the stocks. According to Bloomberg’s gauge of the top 100 digital assets by market cap, crypto has risen ~46% year...

Bitcoin And Crypto Benefit From Bullish Sentiment In Equities Market


Crypto bulls are looking to extend gains recorded in the first half of the year with positive signals trickling in from bonds and the equities markets.  The correlation between the crypto and the stock market led to many observers predicting a decline in prices following macroeconomic factors that...

Bitcoin Lags Behind Global Market Rally, Raising Caution Among Investors


The leading cryptocurrency Bitcoin failed to rally with global markets this week triggered by cooling US inflation. The recent decoupling of Bitcoin from the global markets has left investors worried about the token’s outlook.  While S&P 500 and Nasdaq closed at their highest since April 2022...

US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals


On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....

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