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

Senators Accuse Binance of Mendacity, Gensler’s Historical past With the Change Raises Eyebrows
Current developments have emerged following lawsuits by the Securities and Change Fee (SEC) towards two of the globe’s main cryptocurrency exchanges. On June 5, the SEC filed a complete lawsuit…
1 year ago
Predictive modeling algorithm units Cardano worth for June 30, 2023
Over the previous week, Cardano (ADA) has skilled a decline of 10% amid authorized challenges directed towards main exchanges equivalent to Binance and Coinbase. These lawsuits have posed a major…
1 year ago
110 million new customers enter markets regardless of regulatory fears
Following the momentous crypto market rally in 2021, the sector has encountered a slew of obstacles previously 12 months, equivalent to regulatory ambiguity, with belongings like Bitcoin (BTC)…
1 year ago
Are NFTs Securities: Understanding the Regulatory Panorama
With NFTs gaining recognition as distinctive digital collectibles and funding alternatives, understanding whether or not they fall throughout the regulatory framework of securities is a crucial…
1 year ago
Bitcoin should maintain above this key degree to ‘avoid a cascade’
As Bitcoin (BTC) resumes the downward path it was on for the previous several weeks, the flagship decentralized finance (DeFi) asset is threatening to say no even additional, with distinguished…
1 year ago