Bitcoin has had a mixed-price performance over the last seven days. In what seemed like a continuation of the recent downturn, the world’s largest cryptocurrency saw its value fall below $40,000 for the first time since December 2023. However, BTC’s price seems to be recovering nicely after reaching above $41,000 and even momentarily reaching $42,000 […]
Data shows the Bitcoin correlation with the US dollar index and stock market indexes like S&P 500 and Nasdaq 100 have dropped low recently. Bitcoin Is Showing Little Correlation To Any Index Right Now In a new post on X, the market intelligence platform IntoTheBlock noted how the correlation of BTC with traditional assets has […]