Bitcoin Price and Stocks Do Not Correlate, Indicates Latest FRED Data

2019-4-10 18:14

Cryptocurrency and stock price movements do not correlate with each other, indicated the latest Federal Reserve Economic Data (FRED). The data pitted S&P 500 index performance against the cryptocurrency index managed by US-based Coinbase crypto exchange platform.

The results were some interesting shaky lines – often going in the same but mostly in the opposite. . .

The post Bitcoin Price and Stocks Do Not Correlate, Indicates Latest FRED Data appeared first on NewsBTC.

. origin »

Bitcoin price in Telegram @btc_price_every_hour

Streamr DATAcoin (DATA) на Currencies.ru

$ 0.0002294 (+8.50%)
Объем 24H $36.131k
Изменеия 24h: -45.16 %, 7d: -43.48 %
Cегодня L: $0.0001915 - H: $0.0002321
Капитализация $289.718k Rank 2452
Цена в час новости $ 0.0264449 (-99.13%)

data correlate fred latest price bitcoin index

Источник: newsbtc.com

data correlate → Результатов: 1


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Chainlink price tests $8 as ETF inflows spark a new LINK rally

Chainlink (LINK) continued its recovery on Friday, trading above $7. 90 after posting modest gains in the previous session. The token is benefiting from renewed institutional interest and expanding adoption of its cross-chain technology, helping improve investor sentiment despite broader market uncertainty.

Zcash price jumps 7%: can the Ironwood upgrade send ZEC above $520?

Zcash (ZEC) is up by 7% in the last 24 hours, extending its recovery above the $500 level as traders reacted positively to the network's upcoming Ironwood shielded pool upgrade. Growing optimism surrounding the privacy-focused blockchain has fueled increased activity in the derivatives market, with retail investors driving a sharp rise in futures positions.

AAVE price rockets higher as bulls eye a breakout beyond $100

Aave's native token AAVE traded above $90 on Friday, extending its recovery as the broader cryptocurrency market stabilized. Investor sentiment received an additional boost after the decentralized finance (DeFi) protocol introduced Stable Vaults, a new solution designed to help businesses offer fixed-rate stablecoin yields.

Zcash price prediction: Why ZEC could reclaim $500 and climb to $550

Zcash (ZEC) is back in focus after recovering from a sharp sell-off that followed the disclosure of a security issue in its shielded transaction system. The privacy-focused cryptocurrency has stabilised near $465 after briefly reclaiming the $500 mark, with focus now on whether the latest technical setup and improving fundamentals can support another move higher.