Bitcoin's Correlation with Tech Stocks Surge: What's Next for Cryptocurrency?
Bitcoin has surged over 58% YTD, while the NASDAQ 100 Index has posted an 11% gain. According to Bloomberg, the two have moved in an increasingly correlated manner.
Express News | Futures Exchange CME in Talks to Launch Bitcoin Trading: FT
Changes in Hong Kong stocks | Bitcoin concept stocks generally rose, Xiongan Technology (01647) rose more than 7%, and Bitcoin broke through 66,000 US dollars in the short term
Bitcoin concept stocks generally rose. As of press release, Xiongan Technology (01647) rose 7.46% to HK$0.072; Xinhuo Technology Holdings (01611) rose 5.56% to HK$2.85; and OSL Group (00863) rose 5% to HK$10.08.
Bitcoin completes fourth 'halving' in history
The Bitcoin price fell slightly after the “halving” occurred, and its impact was largely digested ahead of schedule by the market. Bitcoin miners are most affected by the “halving”. J.P. Morgan predicts that the “halving” will cut the industry's revenue, triggering a new wave of industry consolidation and the collapse of mining companies.
Less than 24 hours until halved! But Bitcoin may not be boosted
J.P. Morgan analysts believe that after the halving, the price of Bitcoin may fall because the market is still overbought. Deutsche Bank analysts also don't think that the price of Bitcoin will rise sharply after the halving, because this incident has already been digested by the market.
Bitcoin Analyst Predicts 'Significant Chance' Of Price Bounce Amid Fading Hype
Crypto analyst Michaël van de Poppe has suggested that Bitcoin's (CRYPTO: BTC) price may soon experience a significant rebound, despite the waning hype surrounding the upcoming halving event.What Hap
The digital gold you're talking about? Bitcoin falls sharply after Iran attacks Israel
At a time when the situation in the Middle East suddenly escalated, Bitcoin plummeted 8% during the day, the biggest drop since March last year. In the past 24 hours, more than 240,000 people have liquidated their positions in the virtual currency market, and the total amount of liquidated positions has reached 930 million US dollars. The safe-haven attribute of “digital gold” seems to have disappeared.
Crypto Market Begins Recovery as Runes Gain Attention Ahead of Bitcoin Halving
Several altcoins recorded impressive gains in the past 24 hours after Bitcoin's rise.
Changes in Hong Kong stocks | Xiongan Technology (01647) fell more than 8%, leading the decline Bitcoin concept Bitcoin price once fell below $66,000
The Zhitong Finance App learned that Bitcoin concept stocks generally declined today. As of press release, Xiongan Technology (01647) fell 8.11% to HK$0.068; OSL Group (00863) fell 5.53% to HK$8.03; Blue Port Interactive (08267) fell 4.11% to HK$0.7; and Meitu (01357) fell 1.52% to HK$3.23. According to the news, on the morning of April 2, the virtual currency market suddenly crashed. The Bitcoin price once fell below the 66,000 US dollar integer mark, a drop of more than 6%. The price of Ethereum once fell below $3,400, a decline
Top 3 Price Prediction: BTC Whales Position Themselves for Pre-halving Pump
Bitcoin price retesting $68,500 could mark conclusion of pullback period as BTC halving narrows to under three weeks.
Bitcoin Price Stuck Below $70K as Retail Positions Itself for Pre-halving Play
Bitcoin price remains below $70,000, with current pullback likely to bottom out at $67,711.
After 75 days of listing, Citi measured the ETF's impact on Bitcoin: 50%!
Citi pointed out that in the 75 days after the listing of the Bitcoin ETF, the net inflow reached 11.3 billion US dollars, which explained nearly 50% of the Bitcoin price fluctuation. Since March 20, the ETF has had a continuous net outflow, which coincides with the Bitcoin price correction period.
Expectations of the Fed's interest rate cuts continue to cool, and the outlook for cryptocurrencies is hazy
Goldman Sachs has continuously adjusted the Fed's interest rate cut trajectory since this year; the previously anticipated June rate cut has now even been further postponed by some interest rate futures traders until September or later, so the cryptocurrency market may be affected.
Bitcoin's Upcoming Halving: What to Expect
Bitcoin, Ethereum, Dogecoin Trade Mixed Amid Wider Correction: Analyst Predicts King Crypto Could Rally To $160K Based On A Technical Indicator
Major cryptocurrencies traded mixed on Monday evening as the bullish momentum that drove Bitcoin to achieve an all-time high of $73,835 on March 14 appears to be diminishing.CryptocurrencyGains +/-Pri
Changes in Hong Kong stocks | Bitcoin concept stocks collectively fell, Bitcoin prices continued to fall below $65,000 in the intraday session today
Bitcoin concept stocks collectively declined. As of press release, Liberal Arts Interactive (00434) fell 6.31% to HK$1.93; Meitu (01357) fell 3.6% to HK$3.48; OSL Group (00863) fell 2.88% to HK$7.77; and Xiongan Technology (01647) fell 1.18% to HK$0.084.
Bitcoin Tops $73,000 to Hit New Record
Bitcoin hit a fresh all-time high for the fourth time in six days, bolstered by record-breaking inflows into US exchange-traded funds tied to the cryptocurrency. Edge and Node CEO Tegan Kline joins Ed Ludlow and Caroline Hyde on "Bloomberg Technology."
Bitcoin Market Value Reaches Record
Bitcoin's market capitalization reached $1.35 trillion, scaling the peak of $1.28 trillion from November 2021, as Bitcoin’s price is in sight of an all-time high. Future Perfect Ventures founder and Managing Partner Jalak Jobanputra joins Caroline Hyde and Ed Ludlow to discuss on "Bloomberg Technology."
Gold and Bitcoin are at an all-time high. What is behind the increase in US debt by 1 trillion dollars every 100 days?
Michael Hartnett, a well-known Bank of America analyst, believes that the scale of US debt is rapidly expanding, and “credit depreciation” transactions are close to historic highs, which has also become the reason for the sharp rise in the prices of assets such as gold and Bitcoin.
Bitcoin continued to rise, breaking through $68,000, only one step away from a new all-time high
Bitcoin continued to rise, breaking 68,000 US dollars/coin, surging more than 5,000 US dollars during the day
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