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 […]
By BrokersDOTmarkets

brokersdotmarkets's Recent Blog Posts

Hunters On-Chain goes reside on Polygon testnet
Boomland’s motion RPG Hunters On-Chain has efficiently launched on the Polygon testnet. The launch adopted an preliminary off-chain match the place greater than 5,000 gamers competed, enjoying over…
1 year ago
The Creators of the First NFT Speak New Assortment, Web3 Future
Jennifer and Kevin McCoy want little introduction. Ten years in the past, the acclaimed artists launched the world to Quantum, the primary artwork NFT ever created. Quantum discovered its dwelling on…
1 year ago
Peter Schiff predicts world will shift from fiat to digital currencies however not Bitcoin
Lengthy-term Bitcoin (BTC) critic and CEO of Euro Pacific Capital, Peter Schiff, has projected a worldwide shift from fiat currencies to digital options.  Schiff believes that one choice prone to be…
1 year ago
Bitcoin is up over 40% for the reason that March banking disaster started
Bitcoin (BTC) has proven exceptional resilience amidst the current banking disaster, because the cryptocurrency’s worth has continued to rise regardless of the financial turmoil. Because the onset of…
1 year ago
Bitcoin mining shares surge amid BTC market upturn
The latest upturn within the cryptocurrency market, led by the flagship decentralized finance (DeFi) asset Bitcoin (BTC), has given wings to Bitcoin mining corporations’ shares, as their value when…
1 year ago