Bitcoin’s correlation with Nasdaq drops to 1-year low; Right here’s what it means

The connection between the inventory market and the cryptocurrency sector has been a matter of curiosity for fairly a while now, and just lately the correlation between Bitcoin (BTC), the most important digital asset by market capitalization, and the Nasdaq 100 index has recorded its lowest ranges in a yr. Because it occurs, the correlation […]

brokersdotmarkets's Recent Blog Posts

The cryptocurrency market has proven resilience within the face of heightened regulatory scrutiny, pushed largely by its flagship asset – Bitcoin (BTC) – which has added practically $30 billion to…
1 year ago
Ethereum (ETH) is on the cusp of a major breakout, with the digital asset lately exhibiting exceptional energy, reclaiming a vital assist degree between $1,700 and $1,780.  Notably, throughout this…
1 year ago
Amid a widespread regulatory offensive in opposition to the cryptocurrency business that has lately culminated with a lawsuit in opposition to the world’s largest crypto buying and selling platform…
1 year ago
Following on from its Otherside second demo, Yuga Labs has introduced a brand new 2D technique recreation Legends of The Mara. This plans to immerse customers in a world that carries on from…
1 year ago
Some individuals consider Bitcoin is digital gold, whereas others assume it’s rat poison. However precisely does synthetic intelligence consider it? We determined to ask ChatGPT exactly this…
1 year ago