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 institution of Hong Kong as a crypto hub is a growth that would have the potential to set off a brand new Bitcoin bull market. As Bitcoinist reported, crypto exchanges in Hong Kong can receive a…
3 years ago
Yuga Labs, the corporate behind Bored Ape Kennel Membership (BAKC) NFT assortment, is about to alter its emblem after being uncovered for stealing the design from one other artist. This comes as a…
3 years ago
Knowledge reveals the Bitcoin energetic addresses haven’t considerably elevated not too long ago, indicating that the present rally could also be unsustainable. Bitcoin Energetic Addresses (30-Day MA…
3 years ago
Solana (SOL) was one of many fastest-growing cryptocurrencies in 2021, rising from lower than $1 to over $200, with the mission gaining a variety of consideration for its lightning-fast transaction…
3 years ago
Meme cryptocurrency Shiba Inu (SHIB) is expressing a string of bullish sentiments after the token seemed to be impacted by the overall market downturn triggered by elevated regulatory uncertainty. As…
3 years ago