Bearish S&P 500 Could Drag Bitcoin Further Lower: Glassnode Report
Bitcoin remains at risk of continuing its downward trend as long as the S&P 500 moves lower, says Glassnode. The ...
Tag: spx
Why Has Bitcoin Become A Leading Indicator For The S&P 500?
Yesterday, there was complete and utter carnage across the global financial market. Bitcoin fell over 10% by the daily close ...
Bitcoin Pullback Could Be Due to “Exaggerated” Dollar Debasement Claims
Bitcoin is up well over 50% for the year, despite an ongoing selloff cutting the recent rally down to size. ...
Why Hasn’t Bitcoin Followed Stocks Rallying On Positive Vaccine Data?
Overnight, news broke that early trial human patients developed a "robust" immune response to a potential virus vaccine from Moderna. ...
Poor Weekly Jobless Claims Hint at Another Bitcoin Price Plunge
Bitcoin rally came under the threat this Friday as the number of Americans filing for unemployment claims remains elevated. That, ...
Economist Warns of 1929-Like Second Leg Down; Will Bitcoin Follow?
Bitcoin has been tightly correlated with the stock market since the start of 2020. If a warning from a global ...
A U.S. Stimulus-Backed Rebound Could Fuel a Bitcoin Bull Rally: Here’s Why
Bitcoin kicked off this week with a modest move higher, rising 0.78 percent as of Monday's close. The gains followed ...
Bitcoin Braces for Turbulent Week Ahead: Three Reasons Why
Bitcoin fell 0.31 percent in the early Monday session. The cryptocurrency's plunge followed a similar downside move in the S&P ...
