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 ...
Tag: S&P 500
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 ...
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 ...
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 ...
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 ...
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 ...
Stock Market Net Shorts Reaching Decade Highs Could Fuel a Bitcoin Breakout
After a record-breaking recovery rally, traders aren't convinced any of the recent gains in the S&P 500 are sustainable and ...
