Bitcoin (BTC) Correlation With NASDAQ Rises Over Years: Possible Reason

2021-6-4 12:59

The correlation between the prices of the flagship cryptocurrency, NASDAQ and S&P 500 rates rocket, here's why

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Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior commodity strategist highlighted the ongoing trend deviation between the flagship cryptocurrency and the Nasdaq 100 Stock Index — a benchmark that tracks the market performance […]

2020-11-11 17:01