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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...

Bakkt Bags Deal with Mastercard and Fiserv, Stocks Rise


The stocks of the cryptocurrency exchange platform Bakkt escalated on 25th October, 2021. The stocks rose after Bakkt sealed a deal with Mastercard (MA) to bring out cryptocurrency-enabled credit and debit cards for users, enhancing their payment facilities. Customers will now be able to...

Bitcoin Decouples from Stocks as Bullish Sentiment Returns


rency, even as stocks and other risk assets have suffered in price.Over the past 7 days, bitcoin has been on a bull run that has brought its price up by more than 30%. At the same time, the US stock market index S&P 500 has remained more or less flat since last week, after having traded l

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