Bitcoin showed remarkable strength throughout the week, but BTC’s correlation to tech stocks and its reactive spot ETF flows suggest the bear market isn’t over yet.
Key takeaways:
Bitcoin sits above $71,000 as weak US economic data and the US and Israel-Iran war drive investors toward scarce assets.
Tech stocks’ correlation to BTC and rising oil prices suggest that the 5-month correction from $126,000 might not be over.
US president Donald Trump is gearing up to host his second memecoin-holder exclusive event at his Mar-a-Lago state in Florida...
Stanley Druckenmiller said stablecoins are more efficient, faster and cheaper than fiat running on traditional banking infrastructureBillionaire investor Stanley Druckenmiller...
Ethereum is attempting to reclaim the $2,100 level as the broader cryptocurrency market experiences a wave of short-term relief following...
DeFi activity on the Cardano (ADA) network is showing strong momentum, with Total Value Locked (TVL) spiking by more than...
On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for...
This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.
© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.
