Bitcoin's price decline of 5.51% contrasts sharply with the S&P500's 12% crash, prompting speculation on BTC's potential decorrelation.
SPX6900: A memecoin satirizing the S&P 500, unrelated to the genuine stock index trends.
Bitcoin's correlation with the S&P 500 has dropped significantly, raising questions about its future price movements. Will history repeat, or is a new trend emerging?
MicroStrategy to join Nasdaq 100 and QQQ ETF after a 500% stock rally. S&P500 inclusion could follow in 2025, per Bloomberg analyst.
Assetera launches Backed tokens on Polygon, offering investors access to tokenized versions of NVIDIA, Coinbase, and S&P500 equities 24/7.
Ethereum's derivatives market shows growth, signalling potential upward momentum. Open interest has hit a record $13 billion, with leverage ratios also high. Traders should be cautious of market corrections due to elevated leverage. Despite lagging behind Bitcoin, Ethereum's indicators suggest it may outperform soon, possibly reaching $10,000.
A crypto analyst predicts a breakout for Bitcoin, suggesting it could reach $230,000 if it follows the cup and handle pattern seen in assets like Gold and the S&P500.
Bitcoin surpasses $64K, showing increased correlation with the S&P500 following Federal Reserve interest rate cuts.
Microstrategy has outperformed the S&P500 since 2020, primarily due to its investment in Bitcoin.
Coinbase stock (COIN) might be listed on the S&P500 (SPX), signaling cryptocurrency's growing maturity.
The article examines the impact of a short-term recovery in the S&P500 on cryptocurrencies like Bitcoin, suggesting a potential rise in market optimism, but cautions that it's important to consider a longer-term view for true market direction.
