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Bitcoin’s Correlation to US Stocks is Fading – Why That Could Be a Good Thing for the BTC Price
8.3.2023
The positive correlation between the Bitcoin price and US stock prices, which reached a record high in 2022, is fading. The Bitcoin bulls will be hoping that this decoupling bodes well for Bitcoin, given it might mean that the US stock market’s ongoing struggles might be becoming less of a headwind...
Can Bitcoin price hold $24K as stocks correlation hits lowest since 2021?
22.2.2023
Bitcoin silver linings are few and far between on short timeframes as BTC price bid liquidity dries up above $23,000
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
13.2.2023
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy
Bitcoin can still crack $50K if gold correlation continues — Chart
26.1.2023
BTC price performance may encounter a new magnet above the $50,000 mark if gold continues to be a trendsetter
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
10.1.2023
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China....
First Mover Asia: Bitcoin’s Strong Correlation to 'Dr. Copper' Grows Healthier; Bitcoin Seesaws Back to $17.8K
15.12.2022
Over the past week, the correlation between the red metal and cryptocurrency has grown tighter, which bodes well for investors. But a strengthening U.S. dollar may suggest a less rosy future
Citi: Correlation Between Equity Markets, Bitcoin Weakens Following FTX Collapse
14.11.2022
Decentralized exchanges have gained market share as confidence in their centralized equivalents declined, the report said
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
25.10.2022
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
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
Bitcoin Slips as Stocks Rise, Sparking Speculation Over Correlation
18.10.2022
BTC’s 30-day correlation with stocks drops to the lowest since January. The U.S. Federal Reserve’s aggressive interest hikes are “likely priced in,” a researcher says
Crypto's downturn is about more than the macro environment
11.10.2022
The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term
Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’
8.10.2022
According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar...
Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year
6.10.2022
But the relationship between gold and bitcoin remains only mildly strong
Bitcoin’s Correlation with Gold Price Hits Yearly High
4.10.2022
Bitcoin and Gold reached a monthly average correlation of 70%, which is an all-time high. The previous peak was 60%, which was reached earlier in the second quarter of 2020. It indicates that investors treat Bitcoin as an asset like gold, and it has a store of value for the long term, especially...
Strengthening Ether-Nasdaq Correlation Muddles Post-Merge Bullish Plays: Cumberland
21.9.2022
The Merge has skewed demand-supply dynamics in favor of the bulls. But, the strengthening correlation with Nasdaq means big gains may remain elusive in case of broad based risk aversion
Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’
16.9.2022
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise
Crypto’s correlation with mainstream finance could bring more bleeding soon
13.9.2022
Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes
Bitcoin's Correlation With Stocks Comes Back as Economic Factors Roil Markets
9.9.2022
Bitcoin and stocks are almost trading in tandem again – as risky asset markets move in response to fresh developments in the economy and international affairs
Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines
7.9.2022
The bitcoin-to-ether market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said
Crypto volatility may soon recede despite high correlation with trad-fi
31.8.2022
Even though the crypto market is currently facing a lot of volatility, investments across the blockchain landscape have continued to surge