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ETH/BTC Ready to Break Higher? Not So Fast, Some Analysts Say


  A much-discussed chart among crypto traders in recent days has been the ethereum (ETH)/bitcoin (BTC) chart, with many claiming it looks primed for a sharp move higher. However, some are still betting on an opposite outcome, with investor demand also indicating stronger appetite...

Most Cryptos Correlated with Stocks, Not with Gold - Analysts


Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found. The correlation between...

Bitcoin Rally Healthy, Less Leverage Than in the Past, Say On-Chain Analysts


The current bitcoin (BTC) rally looks healthy, with less leverage than on previous occasions, and strong support in the USD 50,000 to USD 60,000 range, on-chain analysis suggests. Although the current crypto market rally - which has now pushed bitcoin above the USD 68,000 mark and ethereum (ETH)...

Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year


Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs...

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