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The rising gas fees suggest increased network usage.

The inverse DXY-SPX relationship could impact cryptocurrencies, signaling recovery if the dollar weakens. The post Bitcoin (BTC) Lags Behind S&P 500 (SPX), but Bullish Signal Confirms Bull Market appeared first on BeInCrypto.

Today, the S&P 500 Index (SPX) surpassed long-term resistance, reaching a year-plus high. If its positive correlation with Bitcoins price is reestablished, it could hint at a revival of the uptrend in the crypto market The post S&P 500 Pierces...

Quick Take Despite rising interest rates and fixed-income yields, equities have traded higher this year. However, the sustainability of this trend will be tested as the promise of future solid earnings growth is challenged going forward. The Nasdaq...

Bitcoins surge to $30,000 can be attributed to a complex set of factors, but its decoupling from key real-world assets has been a driving force in its upward trajectory, with the potential for further rise.

Quick Take Bitcoin is down -3.31% on February 24 due to a hotter than expected PCE data.  Traditional assets are also down on the day, which includes SPX (-0.22%), XAUUSD (-0.75%), and Nasdaq (-20%). The post Wall street is now pricing in another...

Another ATH of Bitcoin’s hashrate could lead to BTC’s price fall. The king coin has recently detached from the S&P 500 trend. A significant drop in Bitcoin’s [BTC] price could be imminent if the hashrate reaches another All-Time High (ATH), a...

In recent days, the largest traditional stock market index, the S&P 500 (SPX), has stopped correlating positively with Bitcoin (BTC). The post Bitcoin and S&P 500 Correlation Turns Negative for the First Time Since FTX Collapse appeared first on...

Many BTC left exchange storage since the FTX exchange crashed in November. The king coin continues to drift away from macroeconomic policies but is still stuck to traditional correlation. Bitcoin [BTC] holders felt the impact of the FTX collapse in...

Traditional markets are giving the first signals of a bullish trend reversal. The chart of the S&P 500 (SPX) has just generated a golden cross - a bullish signal that is usually a confirmation of upcoming increases. Is the cryptocurrency market and...