Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano
In the last two months, Bitcoin (BTC), the world’s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of
Read More
decouples
Render Network’s RNDR Token Tracks Tech Stocks as Broader Crypto Market Decouples
"As demand for GPU computing power is expected to soar in fields like gaming, metaverse development, architecture, animation, product design, augmented reality (AR), and more recently, AI tooling, RNDR may present an accessible alternative to expensive computing equipment typically required for creating 3D graphics," Choi added. Source
Read More
Bitcoin price action decouples from stock markets, but not in a good way
This week the stock markets began to flash a little green and Bitcoin (BTC) is decoupling from traditional markets but not in a good way. The cryptocurrency is down 3% while the Nasdaq Composite tech-heavy stock market index is up 3.1%.May 27 data from the United States Commerce Department shows
Read More
Bitcoin Decouples from Stocks Ahead of Seasonally Weak March
Historically, March tends to be a difficult month for bitcoin and equities. Analysts expect macroeconomic and geopolitical risks to linger, which could cause short-term volatility. At a later point, price action could stabilize as the probability of positive BTC returns increases over the next few months. Source
Read MoreBitcoin decouples from legacy markets as ‘breathtaking’ rally predicted
A report published by major U.S.-based crypto exchange Kraken has identified signs the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuin to weaken.Kraken’s September volatility report found Bitcoin (BTC) largely maintaining a negative correlation with the U.S. Dollar Index (DXY) since May, despite a brief coalescence between
Read More