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

XRP eyeing ‘main value upswing’ on speedy community progress
XRP (XRP) has staged several promising value rallies this yr, pushed by a mixture of elements, together with rising person engagement, rising social curiosity, and optimistic developments in Ripple’s…
1 year ago
Warner Bros. and Eluvio Announce Superman NFT Film Expertise
Warner Bros. Dwelling Leisure, in collaboration with distributed ledger technology pioneer Eluvio, has unveiled the extremely anticipated Superman NFT Film Expertise. This immersive digital…
1 year ago
Trekki NFT and Journey.com: Reimagining Journey with Cryptocurrency ledger Expertise
The evolving world of NFTs continues to unfold its potential, with the most recent addition being Trekki NFT, an initiative from Journey.com. This venture goals to uplift customers’ journey…
1 year ago
Bitcoin $30k ‘a matter of time’ as BTC closes one other week above 200 MA
With the vast majority of property within the cryptocurrency market opening the week on a bearish observe, Bitcoin (BTC) isn’t any exception, dropping beneath the essential psychological degree of $…
1 year ago
Cardano founder raises alarm over AI-driven crypto scams
As synthetic intelligence (AI) expertise is quickly advancing, Charles Hoskinson, the founding father of Cryptocurrency ledger firm Cardano (ADA), has warned the general public about its risks and…
1 year ago