Bitcoin News

Shocking Bitcoin Correlation: BTC Price Follows JGB Yields, Not Nasdaq

In a surprising turn for market watchers, the traditional view of Bitcoin’s price movements correlating closely with tech stocks like those on the Nasdaq might be outdated. Recent analysis suggests a notable shift in Bitcoin correlation, pointing towards an unexpected new driver: 30-year Japanese Government Bond (JGB) yields. Who Noticed This Surprising Bitcoin Correlation? Global […]

Bitcoin News

Dramatic Shift: Bitcoin Gold Correlation Plunges to -0.54

Hey there, crypto enthusiasts and traditional asset watchers! Ever wondered how Bitcoin stacks up against classic safe havens like gold? Well, recent data reveals something pretty striking about the Bitcoin gold correlation. According to Glassnode data shared on X, the 30-day correlation between Bitcoin (BTC) and gold has taken a significant dip, hitting -0.54. That’s […]

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U.S. Stock Market Lower: Urgent Impact on Crypto Markets?

The financial world often feels interconnected, and today is no different. As the **U.S. stock market lower** opening hit the wires, many in the cryptocurrency space immediately wondered: what does this mean for Bitcoin, Ethereum, and other digital assets? While crypto aims for decentralization, its price movements are frequently influenced by broader macroeconomic trends and […]

Bitcoin News

Unveiling Bitcoin’s Decoupling: Is Crypto Finally Breaking Free From US Stocks?

For years, the cryptocurrency market, particularly Bitcoin, has danced to the tune of traditional financial markets, often mirroring the movements of U.S. stocks. But is this synchronized choreography finally coming to an end? Recent reports suggest a fascinating shift: Bitcoin correlation with U.S. stocks might be showing signs of weakening. Let’s dive into what this […]

Bitcoin News

Urgent Alert: Bitcoin-Nasdaq Correlation Surges to 70% – Is a Major Divergence Imminent?

Hold onto your hats, crypto enthusiasts! There’s a fascinating development brewing in the market that could significantly impact your Bitcoin holdings. We’re talking about the increasingly tight relationship between Bitcoin and the Nasdaq. Yes, you heard that right – the digital gold and the tech-heavy stock index are practically holding hands right now! But is […]