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.
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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.
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.
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.
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Bitcoin's Upcoming Halving: What to Expect
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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
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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."
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Trending Industry Today: LINEKONG Leads Gains In Digital Currency Stocks
March 8th - The industry of $Digital Currency(BK20074.HK)$ is trending higher today with 6 constituents up and LINEKONG leading Gains.$LINEKONG(08267.HK)$ soars 38.33% to HK$0.83 with a turnover of HK
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.