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Bitcoin-Gold Correlation Is Weak; BTC-S&P 500 Correlation Might Drop


Source: Adobe/sergey_p While the correlation between bitcoin (BTC) and gold could be "slightly" increasing but still remaining weak overall, that between BTC and the S&P 500 stock market index is unlikely to remain high in the long run, says crypto market analysis firm Coin...

Bitcoin to Face Stronger Global Recession Than In 2009, IMF Forecast Shows


The global economy is estimated to drop by 3% this year, before rebounding by 5.8% in 2021, the International Monetary Fund (IMF) said today, stressing that "this crisis is like no other." In the past 60 years, the global economy decreased only once. In 2009 it slipped by 1.73%. This...

'Bitcoin Halving' Is Now More Popular Than 'Bitcoin' on Google


People are getting increasingly more interested in the halving of the world's number one coin by market capitalization - Bitcoin (BTC). As a matter of fact, their interest has reached an all-time high and is now stronger than in Bitcoin itself. The third Bitcoin mining reward halving is on its...

Bitcoin Cash (BCH) is Preyed by Post Halving Effect & Death Crossover


Bitcoin Cash, a hard fork of Bitcoin that was originated in the year 2017, and it was just in the previous week when the coin had its halving which led the price to soar to $281. BCH/USD hits a 3-week high and briefly traded above $280 on a day before halving on April 08, 2020. …

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