With the first Fed rate cut looming, the markets are in selling mood. But history shows that the S&P tends to rally after monetary easing, which in turn should support risk assets like cryptocurrencies, says Scott Garliss.
Bitcoin underperforms gold and S&P 500, signaling a bearish trend. With investor preference shifting, Bitcoin's outlook depends on fresh capital injections.
The post Bitcoin Safe Haven Status in Question as Gold, S&P 500 Reach All-Time Highs...
Loka Mining CEO Andy Fajar Handika introduces forward hashrate contracts as an innovative solution to help Bitcoin miners secure financing and manage risk.
The daily trading volume for spot Bitcoin ETFs hit a seven-month low on Monday, while Ethereum ETFs recorded their lowest daily trading volume since their launch.
The blame this time cant be laid on macro jitters as stocks are up big again, with the Nasdaq and S&P 500 both more than erasing early August declines.