Does Bitcoin's correlation with crude oil hint at more trouble in the days to come?

2020-4-24 10:30

Crude oil recorded a historic drop by 99% on April 20. This sudden fall has added to the difficulties caused by the COVID-19 crisis especially in countries where fuel accounts for more than 90% of totThe post Does Bitcoin's correlation with crude oil hint at more trouble in the days to come? appeared first on AMBCrypto.

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Bitcoin (BTC) на Currencies.ru

$ 62666.42 (+0.32%)
Объем 24H $26.426b
Изменеия 24h: 1.34 %, 7d: 0.55 %
Cегодня L: $61392.69 - H: $62804.76
Капитализация $1234.441b Rank 1
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oil crude does come bitcoin days correlation

Источник: ambcrypto.com

oil crude → Результатов: 63


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DEX Synthetix Now Allows Trading of Brent Crude Oil Powered by Chainlink Oracle

Popular DeFi project DEX Synthetix now allows the crypto market to trade Brent Crude Oil as well. sOIL (Synthetic Brent Crude Oil) is a non-expiring Crude Oil Index based on the futures prices of ICE Brent Crude Oil, whose price is tracked through price feeds supplied by the Chainlink oracle, which will source the data […] The post DEX Synthetix Now Allows Trading of Brent Crude Oil Powered by Chainlink Oracle first appeared on BitcoinExchangeGuide.

2020-11-14 20:30


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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts

The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto.

2020-4-2 13:10


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Bitcoin Is the Second Worst Performing Asset Over Last 24 Hours

In the last 24 hours, Bitcoin is the second worst-performing asset class, behind crude oil. It is currently down some -10.50 percent, at the time of writing. Given Bitcoin’s drastic drop in the last 24 hours amid the oil price war, the leading cryptocurrency does not seem mature enough to be treated as a global […] The post Bitcoin Is the Second Worst Performing Asset Over Last 24 Hours appeared first on BeInCrypto.

2020-3-10 18:32


VanEck-SolidX withdraws Bitcoin ETF proposal from SEC’s consideration

The VanEck-SolidX Bitcoin ETF proposal was withdrawn—again—from the SEC’s consideration prior to an October decision. Primer on VanEck-SolidX Bitcoin Shares VanEck-SolidX first submitted its proposal to list and trade shares of the “VanEck SolidX Bitcoin Trust” under commodity-based trust rules with the Securities Exchange Commission.

2019-9-18 03:50


Founder of Adamant Capital Compares Adoption of Bitcoin Similar to Petroleum in the 1800s

Tamas Blummer and Turr Demeester spoke about the future path of Bitcoin. Demeester compared the progress to that of the crude oil/petroleum transition of the 1860s. The entire blockchain of Bitcoin is based on a decentralized ledger, secured by the miners that support the network by validating via their system. The miners that validate the […]

2019-5-31 18:14


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Bitcoin Is the Best Performing Major Asset Class so Far in 2019

Is the proverbial winter over for Bitcoin just yet? Well, it’s too early to draw a conclusion even for the most hardcore Bitcoin bull out there. However, based on some newly available cold, hard data, it appears the world’s leading cryptocurrency is outmaneuvering pretty much any other rallying asset class — be it crude oil, […] Bitcoin Is the Best Performing Major Asset Class so Far in 2019 was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt.

2019-5-7 13:59


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