Bitcoin Rises With Stocks as EU Agrees €750B in Coronavirus Stimulus
Bitcoin edged higher on Tuesday as stock markets cheered the EU's decision to approve a landmark coronavirus recovery fund. Source
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Stocks
Stocks TD9 Sell Sign Flashes Yet Bitcoin Traders Expect Higher Price
The TD9 sell indicator emerged on the S&P 500 chart across various time frames. Considering the heightened level of correlation between Bitcoin and stocks, it might hint at a short-term BTC price pullback.But cryptocurrency traders seemingly remain unfazed by the vulnerability of stocks. Several traders anticipate Bitcoin to rally towards
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Former Chinese Official Says CBDC Will Pave Way for Digital Stocks
Xiao Gang, the former chair of the China Securities Regulatory Commission, says in his latest book on China capital market reforms that the development of a central bank digital currency (CBDC) will pave the way for digital stocks.Stocks and currencies are separate entities in traditional finance, however blockchain-based digital currencies
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Market Wrap: Stocks Make Gains While Bitcoin Sticks to $9,200
A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat. The absence of action in bitcoin is in contrast to the performance of global equities on Monday. Stocks across the world today: “In recent trading sessions, bitcoin traded in a narrow range of $9,100-$9,200,” said Constantin Kogan,
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Pfizer (PFE), BioNTech (BNTX) Stocks Surge, Coronavirus Vaccine Candidates Get ‘Fast Track’
Pfizer and BioNTech stocks have jumped in response to receiving ‘Fast Track’ status on their coronavirus vaccine candidates. PFE and BNTX prices are rising.Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) stocks surged after the Food and Drug Administration (FDA) gave the companies’ joint coronavirus vaccine candidates a Fast
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Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High
Lately, Bitcoin price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the S&P 500 and BTC reached a new all-time high. Data from Skew shows that the one-year realized correlation reached 0.38 on Thursday, July 9 and this came after the metric
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Amazon, Netflix Stocks Get Street-High Price Targets, AMZN and NFLX Up
The impressive performance of Amazon (AMZN) and Netflix (NFLX) has caused Wall Street analysts to set new price targets for the companies’ stocks.Amazon.com Inc (NASDAQ: AMZN) has been making a tremendous run both during the lockdown and as the economy is reopening. AMZN has led the tech rally to increase
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Market Wrap: Stocks Tick Downward and so Does Bitcoin, to $9,200
Bitcoin is back at $9,200 Thursday as crypto derivatives helped push its price down and equities closed lower. Bitcoin (BTC) trading around $9,211 as of 20:00 UTC (4 p.m. ET), slipping 2.3% over the previous 24 hours.Bitcoin’s 24-hour range: $9,154-$9,469BTC below 10-day and 50-day moving average, a bearish signal for market
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Stocks Are Soaring, Time to Short Bitcoin? – Blockchain News, Opinion, TV and Jobs
by Jay Hao, When I woke up earlier this week, I received many messages from my friends, who told me, “Stocks have skyrocketed.
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Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days
A rising tide in equities is lifting all boats – including in the bitcoin market. Bitcoin (BTC) is trading around $9,295 as of 20:00 UTC (4 p.m. ET), gaining 2.7% over the previous 24 hours.Bitcoin’s 24-hour range: $8,938 - $9,345BTC above 10-day and 50-day moving average, bullish signal for market technicians.Bitcoin
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