Bitcoin-GDP correlation may explain drop in price as US enters a technical recession
The Occasions reported that the US had entered a technical recession as GDP shrank 0.9% yearly after the second-quarter report ...
Tag: Correlation
How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000
The Bitcoin (BTC) worth chart from the previous couple of months displays nothing greater than a bearish outlook and it’s ...
Bitcoin sees sharp decline in correlation with tech equities, Kaiko says
The correlation between Bitcoin (BTC) and Nasdaq 100 diminished this month after reaching a document of .8 final month, in ...
Bitcoin Needs to Reclaim $36K to Invalidate the Bearish Thesis, BTC’s Correlation with S&P 500 Hits ATH
Bitcoin (BTC) just lately hit a 10-month low of $29K as extra liquidation engulfed the market. Market analyst Ali Martinez ...
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