Goldman Manager Rejects Bitcoin’s Most Bullish Narrative To Date
Bitcoin over the last two weeks surged higher on fears of inflation caused by the Federal Reserve’s easing policies. The rally also appeared as the US dollar fell to its lowest...
S&P 500 Just Printed a Textbook Bull Signal: Here’s Why Bitcoin Can Benefit
Bitcoin is trading up 0.2% while the S&P 500’s futures are trading down 0.4%, as of this article’s writing. Despite the slight drop, the index remains in a textbook...
Flat or Breakout: What to Expect from Bitcoin This Week
Bitcoin sentiment seldom improved this past week as it remained stuck inside a $150-wide trading area. Traders maintained their distance from the top cryptocurrency while shifting...
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. Stock futures soared over the news...
3 Macro Catalysts That Could Send Bitcoin Lower This Week
Bitcoin expects to face turbulent times this week as its dependence on macro fundamentals grow. S&P 500 earnings and the next fiscal stimulus bill are among the most influential...
Analyst Explains Why Bitcoin Is Trading Almost Exactly Like the S&P 500
On Wednesday, Bitcoin was pushing $9,500. The cryptocurrency had finally begun to rally after sustaining a dip to $8,900 on the weekend. Many said that BTC was poised to rally even...
How Bitcoin Outperformed Both the S&P 500 and Nasdaq in First Half 2020
Despite major setbacks from the Black Thursday market collapse, the cryptocurrency market and Bitcoin had a strong H1 close. The leading crypto asset by market cap also beat the best...
Bitcoin’s 150% Rally From $3,700 May Fade as Wall Street Eyes Weak Earnings
Bitcoin has added about $73 billion to its market capitalization since its March 13 low. But BTC’s chances at ballooning further into the second half of 2020 look meager. One of...
Bitcoin Spots Errors in US Jobs Report Way Ahead of Wall Street
Bitcoin closed its Thursday trading session in red even as an optimistic June employment report boosted risk-on sentiment. The cryptocurrency’s losses contrasted gains on Wall...
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 a sharp sell-off last week as traders pinned their hopes on a...
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 500, validating its growing correlation with...
There Are Reasons to Be Bullish After Bitcoin Crashed $600 on Tuesday
Yesterday, investors were expecting for Bitcoin to re-enter a decisive uptrend. As reported by Bitcoinist, the cryptocurrency surged to $9,800 — the highest price BTC has traded at...