AI Rally Might Signal Bitcoin Market Danger as Correlation with Nvidia Peaks
The rising correlation between Bitcoin and Nvidia raises alarms about a possible market crash reminiscent of past tech bubbles.
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The rising correlation between Bitcoin and Nvidia raises alarms about a possible market crash reminiscent of past tech bubbles.
Recent Bitcoin funding rates have turned negative, indicating a possible short-squeeze that could drive the price back to $90,000 or more.
XRP has experienced a significant 31% price dip, raising concerns even as ETF investments remain strong.
Ethereum's Net Unrealized Profit/Loss remains positive, indicating that holders are not likely to panic sell in the current market.
A recent analysis highlights that a small portion of speculative investment from gold and tech stocks could significantly boost the cryptocurrency market.
Ki Young Ju points to a stagnant phase for Bitcoin with low market inflows. His insights challenge expectations of an imminent market crash or quick recovery.

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