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04/07/20 04:00 by Cole Petersen
Economist: Bitcoin Remains a “Risk On” Asset After Reacting to Payroll Data
Bitcoin saw some slight turbulence over the past few days, with its price rallying as high as $9,300 before facing a rejection that caused it to slide beneath $9,000 for a brief period.
This volatilit... Read More
03/07/20 04:00 by Cole Petersen
This New Economic Narrative Could Shift the Tides Into Bitcoin’s Favor
Bitcoin has been closely tracking the traditional markets in recent months, which is part of the reason why it has been caught within such a persistent trading range since the start of May.
The equiti... Read More
24/06/20 13:00 by Yashu Gola
A $9,000-Retest Likely for Bitcoin as BTIG Relays Negative S&P 500 Outlook
Bitcoin is at risk of plunging towards $9,000 on a negative outlook for the S&P 500 index.
Wall Street firm BTIG LLC has warned that the U.S. benchmark could correct towards the lower end of its ... Read More
22/06/20 13:02 by Yashu Gola
How Will Charles Schwab’s Bullish S&P 500 Prediction Impact Bitcoin?
Bitcoin price could retest $10,000 this week on its growing correlation with the S&P 500.
The cryptocurrency could head higher as a veteran strategist sees S&P 500 rising by roughly 7 percent... Read More
18/06/20 15:00 by Yashu Gola
How Will Top Analyst’s S&P 500 All Time High Prediction Affect Bitcoin?
As Bitcoin maintains its positive correlation with the S&P 500, a top analyst has predicted an all-time high for the U.S. benchmark.
Research firm DataTrek published a note earlier this week that... Read More
15/06/20 13:00 by Yashu Gola
Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound
Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash.
The sentiment helped the U.S. dollar index recover its losses by another 0.11 percent,... Read More
12/06/20 15:00 by Yashu Gola
Bitcoin Resets $10K Price Target as U.S. Bonds Lose Spotlight
Bitcoin rallied Friday, a day after undergoing a significant sell-off that crashed its price by circa 6 percent.
The cryptocurrency’s upside correction came alongside similar recovery moves in ... Read More
05/06/20 15:12 by Yashu Gola
U.S. Stocks Dull Bitcoin Appeal on Optimistic Jobs Report
Spot bitcoin fell was down 1.32 percent at $9,659 per token ahead of the New York opening bell Friday.
Bitcoin futures slid 1.82 percent to $9,715.
The move downhill appeared as the U.S. futures heade... Read More
04/06/20 13:01 by Yashu Gola
Bitcoin, Stocks Fall as Dollar Rebounds ahead of U.S. Trade Data
Spot bitcoin fell 1.45 percent to $9,501 as of 0900 UTC as the U.S. dollar rebounded from its seven-day plunge.
The cryptocurrency’s downside move surfaced ahead of a fresh U.S. trade and unempl... Read More
07/05/20 02:00 by Cole Petersen
Bitcoin’s Next Move Up Could Create a “Very Painful” Situation for Altcoins: Here’s Why
Bitcoin saw a notable upswing today that allowed it to firmly surmount the heavy resistance it was previously facing at $9,200. Today’s price action has marked the first sustained period of trading ... Read More
06/05/20 14:00 by Yashu Gola
Bitcoin Hits $9.3K as S&P 500 Heads for Another Winning Session
Bitcoin topped at $9,300 for the first time in a week on “halving FOMO.”
The cryptocurrency’s upside move surfaced as the S&P 500 index pointed towards new gains at the Wednesday... Read More
02/05/20 01:00 by Cole Petersen
Here’s Why Amazon’s 7% Plunge Today Could be a Warning Sign for Bitcoin
The stock market’s striking correlation to Bitcoin throughout the past few months still appears to be holding strong, even despite Bitcoin’s intense rally seen over the past couple of days.
It now... Read More
01/05/20 14:21 by Yashu Gola
Bitcoin Hits $9K, Stocks Down as Investors Stare at Trade War 2.0
Bitcoin’s correlation with the S&P 500 broke Friday as it climbed circa 4.5 percent ahead of the New York opening bell.
On the other hand, futures tied to the U.S. benchmark fell 2.26 percen... Read More
14/12/19 02:00 by Lubomir Tassev
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just re... Read More
25/11/19 10:41 by Guest Author
OKEx Features Among the Top 10 Exchanges in the Latest CryptoCompare Exchange Benchmark Report
OKEx, the largest digital assets exchange platform has achieved yet another milestone with the CryptoCompare Exchange Benchmark report placing it among the top 10 cryptocurrency exchanges in the world... Read More