Cryptocurrency Analysis and News Portal
Some news sources have been fond of making comparisons between Bitcoin’s (BTC) price action and that of other assets. In particular, the two most commonly compared asset classes are gold and tech stocks.While a correlation holds, it tends to be a big news story. Throughout much of 2022 and early
Read More
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF) published a blog post on Monday on cryptocurrency
Read More
Bitcoin has multiple long-term and short-term variables that affect its price, and many folks debate what its major correlations are, if any. It turns out, the same factors that affect bitcoin’s price – real rates of inflation, monetary and fiscal policy and market exuberance – also partially determine what assets
Read More
Every week there’s usually at least one article in CryptoX, a blurb in a newsletter and several charts in the Twittersphere about bitcoin’s correlation with something or other. This week, we were told that the 60-day correlation between gold and bitcoin (BTC) had reached all-time highs. Last week, our monthly report featured a
Read More