Browsing Tag
correlation
8 posts
Bitcoin’s 2023 Correlation with Cardano, Shiba Inu, XRP Dips
The correlation dynamics between Bitcoin and altcoins have been ever-changing. As illustrated below, the figure stood around 80%…
Dogecoin ‘Shorts’ Helped DOGE Rally 21%
Dogecoin had been trading within a descending channel since the end of April. Throughout May, it kept oscillating…
MicroStrategy’s 140,000 Bitcoin Allocation Turns ‘Profitable’
After a fruitful Q1, Bitcoin briefly carried the positive momentum into Q2. In mid-April, the market’s largest crypto…
Crypto x Stocks: Is Un-Correlation in Play?
The stock market and the crypto market have started moving in opposite directions. Yesterday was quite a rough…
Is Bitcoin becoming more tangled with Asian equities?
Bitcoin has gradually been decoupling from the broader equity market in the US. In the first half of…
Ain’t Bitcoin: This crypto shares a higher correlation with the S&P 500
The past few days have seen the state of financial markets all across the board significantly improve. While…
Would the 2,880% uptick on this front aid Shiba Inu with a strong rally?
Over the past month, Shiba Inu’s price has completed a parabolic recovery. From the highs of $0.00002817, SHIB…
What Ethereum ‘lagging’ means for Bitcoin?
Bitcoin has been see-sawing up and down in the $40k-$45k range over the past couple of days. Before…