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Bitcoin Rallies To New Yearly High, Stock Markets In Green Too Owing to New Stimulus Package

Prashant Jha December 18, 2020

Bitcoin has soared past $23,000 price to set yet another yearly high of $23,586 early morning on Thursday extending its price gains to over $3,000. The top cryptocurrency is on a record spree since yesterday morning seeing its price surge from around $19,100 to over $22,000 by end of the day registering one of its

Bitcoin has soared past $23,000 price to set yet another yearly high of $23,586 early morning on Thursday extending its price gains to over $3,000. The top cryptocurrency is on a record spree since yesterday morning seeing its price surge from around $19,100 to over $22,000 by end of the day registering one of its

polkadot bullish waves
Bitcoin News
polkadot bullish waves
Bitcoin News

Bitcoin and Gold Correlation at All-Time High as Prices Arrive at Resistance

Nivesh Rustgi July 24, 2020

The correlation between Bitcoin [BTC] and gold is at an all-time high. Moreover, looks like the de-coupling with the S&P 500 has happened completely as well.   Bloomberg Intelligence: Bitcoin-Gold 52-week correl (0.43) at all time highs: pic.twitter.com/ci1y1ngMQr — light (@LightCrypto) June 9, 2020 The important point to understand here is why the S&P correlation held

The correlation between Bitcoin [BTC] and gold is at an all-time high. Moreover, looks like the de-coupling with the S&P 500 has happened completely as well.   Bloomberg Intelligence: Bitcoin-Gold 52-week correl (0.43) at all time highs: pic.twitter.com/ci1y1ngMQr — light (@LightCrypto) June 9, 2020 The important point to understand here is why the S&P correlation held

bull
Bitcoin News
bull
Bitcoin News

Bitcoin (BTC) Steadily Decoupling From Gold And S&P 500 As Price Surges Past $6,400 USD

Lujan Odera March 19, 2020

After dropping to the $3,600 US region in the past week, BTC is back above $6,000 USD signaling a possible spike back to 2020 highs. The spike sets the top crypto asset on a decoupling run from traditional assets such as gold and the stock market after a global asset market collapse due to the

After dropping to the $3,600 US region in the past week, BTC is back above $6,000 USD signaling a possible spike back to 2020 highs. The spike sets the top crypto asset on a decoupling run from traditional assets such as gold and the stock market after a global asset market collapse due to the

Antonopoulos
Bitcoin News
Antonopoulos
Bitcoin News

Antonopoulos Speaks On Upcoming Bitcoin ‘Halving’ As Market Crashes From Corona Virus Effects

Lujan Odera March 13, 2020

It is a dark day for the cryptocurrency field as Bitcoin (BTC) continued its slip below the $4,000 USD level, setting a yearly low of $3,658 USD. Despite the grim environment across the cryptocurrency world, top analysts and crypto fanatics are embracing gallows jokes in a bid to lighten the dying markets. If you are

It is a dark day for the cryptocurrency field as Bitcoin (BTC) continued its slip below the $4,000 USD level, setting a yearly low of $3,658 USD. Despite the grim environment across the cryptocurrency world, top analysts and crypto fanatics are embracing gallows jokes in a bid to lighten the dying markets. If you are

Ripple XRP Gold Purchase
Bitcoin
Ripple XRP Gold Purchase
Bitcoin

Stocks Fall 10% In A Week As Global Recession Signals, Can Bitcoin (BTC) Hold As A Store Of Value (SoV)?

Lujan Odera February 28, 2020

The S&P 500 value has dipped over 10% in the past week, its highest weekly loss since the global financial crisis in 2008, raising huge concern across the financial world. Gold on the other hand is on a steady rise as an ounce of gold hit a nine-year high of $1,690 USD earlier in the

The S&P 500 value has dipped over 10% in the past week, its highest weekly loss since the global financial crisis in 2008, raising huge concern across the financial world. Gold on the other hand is on a steady rise as an ounce of gold hit a nine-year high of $1,690 USD earlier in the

stock markets drop hard
Bitcoin News
stock markets drop hard
Bitcoin News

Stocks Drop Like Cryptocurrency, now WHO Head Warns of Coronavirus Pandemic

Nivesh Rustgi February 28, 2020

“This is not a time for fear. This is a time for taking action to prevent infection and save lives now,” says World Health Organization head Dr Tedros Ghebreyesus Iran, Italy and South Korea are now fighting to contain the virus to avoid a situation like China. In total, the number of cases reported in

“This is not a time for fear. This is a time for taking action to prevent infection and save lives now,” says World Health Organization head Dr Tedros Ghebreyesus Iran, Italy and South Korea are now fighting to contain the virus to avoid a situation like China. In total, the number of cases reported in

Bitcoin News
Bitcoin News

Is Gold Losing its Luster to Bitcoin and Stock Markets? Peter Schiff Cries Foul

Nivesh Rustgi February 21, 2020

Peter Schiff, the CEO and chief global strategist of Euro Pacific Capital ups the ante on his criticism of CNBC for dismissing gold, and promoting Bitcoin. Moreover, he also suggests that we’re in the age of a financial bubble of abnormal gains. It happened after a media report that seems to dismiss Gold as an

Peter Schiff, the CEO and chief global strategist of Euro Pacific Capital ups the ante on his criticism of CNBC for dismissing gold, and promoting Bitcoin. Moreover, he also suggests that we’re in the age of a financial bubble of abnormal gains. It happened after a media report that seems to dismiss Gold as an

Bitcoin BTC
Bitcoin News
Bitcoin BTC
Bitcoin News

Tom Lee: Risk-off is over, the Bitcoin (BTC) Bull Market is on

Dalmas Ngetich October 29, 2019

Thomas Lee, the founder of Fundstrat Global Advisors, an independent evidence-based research boutique, has once again reiterated his bullish stance on Bitcoin (BTC) proclaiming that the “interim risk off” period is over and the bull market has resumed. He backs up his market confidence with a friendly blockchain policy in China, a bottoming Bitcoin Misery

Thomas Lee, the founder of Fundstrat Global Advisors, an independent evidence-based research boutique, has once again reiterated his bullish stance on Bitcoin (BTC) proclaiming that the “interim risk off” period is over and the bull market has resumed. He backs up his market confidence with a friendly blockchain policy in China, a bottoming Bitcoin Misery

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin Recovers Double Value than Oil, S&P 500, Bonds and Other Asset Classes – Report

Tabassum May 6, 2019

Although, Bitcoin isn’t trading at 2017’s bull figure, in fact, not also it is half the value but the recent report from the Wall Street Journal reveals that it has performed better than other major asset classes such as bonds, S&P 500, Oil and more. According to the WSJ report, published on Sunday, May 04,

Although, Bitcoin isn’t trading at 2017’s bull figure, in fact, not also it is half the value but the recent report from the Wall Street Journal reveals that it has performed better than other major asset classes such as bonds, S&P 500, Oil and more. According to the WSJ report, published on Sunday, May 04,