S&P 500 Enters Correction Phase: Implications for Bitcoin
An examination of S&P 500's recent correction and its effects on Bitcoin's market dynamics.
Recent in
An examination of S&P 500's recent correction and its effects on Bitcoin's market dynamics.
Short-term bitcoin investors have divested over 100,000 BTC since February, indicating market volatility.
Following Donald Trump's election win, the S&P 500 has lost 2%, while Bitcoin is up by 20%.
MicroStrategy aims for S&P 500 inclusion but needs Bitcoin to close above its average purchase price this quarter.
While gold and the S&P 500 reach record highs, Bitcoin faces challenges but shows promising signs of recovery due to evolving market dynamics.
Bitcoin pulls back from its local highs as the S&P 500 reaches unprecedented levels amid anticipation of the Federal Reserve's interest rate decision.
Bitcoin and major altcoins show positive trends, signaling rising investor confidence amid recent market movements.
Despite a decrease in stock prices and slower Bitcoin purchases, 10X Research suggests that Strategy may have a significant chance of joining the S&P 500 by year's end.
S&P Global Ratings has issued a 'B-' credit rating for Strategy, highlighting concerns related to its heavy reliance on Bitcoin and limited liquidity in US dollars.
Traders question whether Bitcoin's recent rise amidst the US government shutdown can be sustained in light of historical volatility.

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!