Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
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Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
Binance and its CEO have been sued by the CFTC for offering unregistered crypto derivatives in the United States but AltSignal’s pre-sale token sale continues to progress.
Bitcoin's market dominance has been climbing in March and is now up to levels not seen since June.
While concerns weigh over the uncertain state of Silvergate's financials, the White House has stated that it won’t be commenting on the specifics of the matter.
The price of Bitcoin seems to have lost its rising momentum and had a bearish weekly bar after hitting $24k and closing below $23k.