The Rising Correlation Between Bitcoin and Gold Amidst Economic Uncertainty
Bitcoin's correlation with gold surges above 0.85, as both assets become increasingly favored by investors amid inflation and global instability.
Recent in
Bitcoin's correlation with gold surges above 0.85, as both assets become increasingly favored by investors amid inflation and global instability.
ARK Invest strengthens its position in crypto exchange Bullish by purchasing $10.2 million worth of shares as the stock hits a record low amidst a downturn in the crypto market.
Zcash experiences a significant price increase, reaching $388, making it the most valuable privacy-focused cryptocurrency, as Monero falls behind.
Stay updated with today's noteworthy events in the cryptocurrency world including Bitcoin's price surge and regulatory impacts.
Coinbase is set to acquire The Clearing Company as a strategic move to enhance its prediction markets offerings.
Bitfinex highlights a significant decline in cryptocurrency spot trading volumes, which may indicate a transition to the next phase of the market cycle.

The decline of Bitcoin to $84,000 is primarily attributed to concerns surrounding US dollar stablecoins, a faltering global economic outlook, and other factors unrelated to Japan's bond market pressures.
Ethereum traders are ramping up their positions, with a target set at $3,400 as they respond to significant market movements.
The recent launch of XRP ETFs saw an influx of 80 million tokens, indicating potential bullish momentum for the altcoin amidst market volatility.
Stay informed with the latest developments affecting Bitcoin, blockchain, DeFi, NFTs, and regulations in the cryptocurrency space.
Despite significant inflows into Solana's ETFs, market conditions hint at a potential price drop for SOL to $120.
Data reveals that several historic Ethereum wallets have become active again after a prolonged period, indicating renewed interest from early investors.

Every week we share the most relevant news in tech, culture, and entertainment. Join our community.
Your privacy is important to us. We promise not to send you spam!