Eerily Accurate Trader Says the S&P 500 Is on Thin Ice, and That’s Bad for Crypto

2020-4-22 04:00

After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin has shed 9% from the local highs while the stock market has tumbled 5%, responding to a crash in the demand for oil, which resulted in barrels temporarily trading negative on April 20th.

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Emerald Crypto (EMD) на Currencies.ru

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stock market crypto tumbled april negative highs

stock market → Результатов: 126


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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […]

2020-6-23 21:00


Chief Investment Officer Calls For Violent Stock Market Reckoning, How Will Bitcoin Respond?

The economy is on thin ice and jobless claims are still outrageously high, yet the stock market continues its V-shaped recovery and powerful rally. However, one chief investment officer claims that a stock market day of reckoning is coming – one that could also cause another sharp collapse in Bitcoin. If the stock market does […]

2020-6-20 19:00


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Crypto Analyst Says Bitcoin Price Still Depends on Stock Market as Correlation still Intact

Bitcoin experienced a severe crash last week alongside the stock market which was responding to the COVID-19 pandemic that has led to record crashes in stock prices. The crash in BTC price suggested its correlation with the stock market although some have argued that this is not the case. The number one cryptocurrency was on […]

2020-3-23 00:42


What We Can Learn from Stock Market Crash of ’87

It’s been more than three decades since the bottom fell out in the stock market in 1987, and one thing remains clear – the more things change, the more they stay the same. On Oct. 19, 1987, the Dow Jones index plummeted more than 22%, marking the worst single-day performance in the New York Stock […] The post What We Can Learn from Stock Market Crash of ’87 appeared first on CCN.com

2019-10-21 19:09