Here are the United States’ “Wild Cards” Bringing Down Stocks, Bitcoin & More
A hand full of wild cards held by the United States could be to blame for Bitcoin’s recent downturn. The same reasons for prompting a selloff and profit-taking in stocks are also...
A Bearish Reversal in Stock Market May Bleed Bitcoin: Analyst
Bitcoin remains at the risk of losing a part of its yearly gains on a negative stock market sentiment, according to Kevin Svenson. The chart analyst highlighted the S&P 500’s...
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 on-chain analytics platform asserted that traders with exposure in...
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. The cryptocurrency also rose by over 200% from its Black Thursday low, as...
Stock Market Sell Trigger Could Drag Bitcoin Down Later This Month
Bitcoin continues to trade sideways, but also has been unable to shake an ongoing correlation with the stock market. If the cryptocurrency doesn’t break out soon and break free...
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 economist comes true, and the correlation between crypto and stocks...
Buy Bitcoin if S&P 500 Corrects Lower, Fund Manager Suggests
Investors should consider buying Bitcoin if the S&P 500 breaks lower, according to Victor Dergunov, co-founder of Albright Investment Group. The cryptocurrency’s upside...
Latest Bitcoin Halving Rally Puts Nail in Coffin on Stock Market Correlation
Since the February 2020 top, Bitcoin and the stock market have been tightly correlated. The correlation has crushed the cryptocurrency market over the last two months. However...
Skew and CryptoGarage Settle S&P 500 Derivatives on Bitcoin Blockchain
Wall Street is trying to tame Bitcoin (BTC), but two crypto startups are using the Bitcoin blockchain to take on Wall Street. Settlement Takes Days and Relies on Traditional...
Bitcoin Price Could Mirror S&P 500 To Reach New 2019 High
For the last two years, analysts have debated whether the stock market’s performance positively or negatively impacts Bitcoin price action. While this debate is bound to continue...
Financial Stability Board Pinpoints 4 Key Areas Crypto Needs to Clean Up
The Financial Stability Board (FSB) has warned that in the future, crypto-asset markets could disrupt the security of financial markets. The organization plans to closely monitor the...