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Bitcoin's Correlation with the Nasdaq Weakening: An Independent Market in 2024?
Bitcoin's Correlation with the Nasdaq Weakening: An Independent Market in 2024?The synchronicity between Bitcoin and the Nasdaq index has significantly decreased in 2024, a stark contrast to the high correlation observed in previous years. Data shows that both indices moved in tandem on only 52% of trading days...
Blockchain 2024-11-18 22:05:44 -
Bitcoin Decouples from Traditional Markets: Correlation Hits Five-Year Low
Bitcoin Decouples from Traditional Markets: Correlation Hits Five-Year LowIn 2024, Bitcoin's correlation with traditional financial markets continues to decline, increasingly showcasing its characteristics as an independent asset class. Data reveals that the co-movement volatility between Bitcoin and the Nasdaq Composite is only 52% this year, with a 30-day correlation coefficient plummeting to 0...
Blockchain 2024-11-18 19:37:22 -
Bitcoin Price Surges Past $90,000!
Bitcoin Price Surges Past $90,000!Bitcoin's price experienced a significant surge today, reaching a high of $91,000 per coin, representing a 1.27% intraday gain...
Blockchain 2024-11-18 14:40:22 -
Bitcoin's meteoric rise: A $8 Billion surge in two days What are the odds of hitting $100,000?
Bitcoin's meteoric rise: A $8 Billion surge in two days What are the odds of hitting $100,000?Bitcoin's price has recently reached new highs, igniting the global market, fueled by factors such as Trump's election and anticipated Federal Reserve policy adjustments. In just two days, investors raked in nearly $8 billion, a staggering sum...
Blockchain 2024-11-17 19:41:16 -
Bitcoin Price Crashes Below $90,000!
Bitcoin Price Crashes Below $90,000!Bitcoin's price plunged below $90,000 per coin today, experiencing a 0.69% drop...
Blockchain 2024-11-17 10:24:52 -
TCL Huaxing Unveils First Self-Developed Tri-folding Screen Prototype, Leading a New Direction for Domestic Foldable Screen Industry Chain
TCL Huaxing Unveils First Self-Developed Tri-folding Screen Prototype, Leading a New Direction for Domestic Foldable Screen Industry ChainOn November 16, 2024, the TCL Huaxing Global Display Ecology Conference (DTC2024) grandly opened in Guangzhou. At the conference, TCL Huaxing unveiled its first self-developed tri-folding screen prototype, marking a significant breakthrough for China's display industry in foldable screen technology and signifying the burgeoning development of the domestic foldable screen industry chain towards greater diversification and higher technological sophistication...
Mobile Internet 2024-11-17 08:22:15 -
Global Capital Markets in Turmoil: Bitcoin Surges While US and European Stocks Plummet
Global Capital Markets in Turmoil: Bitcoin Surges While US and European Stocks PlummetGlobal capital markets have experienced significant volatility recently. On Friday, US and European stock markets experienced a broad-based decline, raising concerns among investors...
Blockchain 2024-11-17 07:03:01 -
Bitcoin Price Soars: Nearly 20% Weekly Gain, Hits All-Time High
Bitcoin Price Soars: Nearly 20% Weekly Gain, Hits All-Time HighBitcoin prices continued their upward trajectory, closing near record highs in New York on Friday, November 15th. The CME Bitcoin futures contract (BTC) settled at $92,260...
Blockchain 2024-11-17 06:59:42 -
"Bitcoin Bank" MicroStrategy: Crazy Hoarding, Stock Soaring 26 Times, But Core Business Remains Loss-Making
"Bitcoin Bank" MicroStrategy: Crazy Hoarding, Stock Soaring 26 Times, But Core Business Remains Loss-MakingLeveraging its "hoarding Bitcoin" strategy, publicly listed company MicroStrategy (MSTR.US, hereinafter referred to as "MSTR") has seen its stock price surge, outpacing even the growth of tech giant Nvidia...
Blockchain 2024-11-15 22:25:42 -
Trump Allies Push to Sell Fed Gold for Bitcoin, Powell Says No Need to Rush Rate Cuts
Trump Allies Push to Sell Fed Gold for Bitcoin, Powell Says No Need to Rush Rate CutsThis content is from the Knowledge Planet column "Xiaopeng's Financial Charts," which uses charts to tell stories about the financial world. Here, we read 10,000 pieces of information daily, make 100 notes, and select 20 valuable financial images...
Blockchain 2024-11-15 20:06:24 -
Bitcoin breaks through $89,000 per coin, up nearly 1% on the day
Bitcoin breaks through $89,000 per coin, up nearly 1% on the dayEveryjing AI News, November 15 - As of press time, Bitcoin has broken through $89,000 per coin, up nearly 1% on the day. ...
Blockchain 2024-11-15 18:08:44 -
Bitcoin and Ethereum Surge to New Highs
Bitcoin and Ethereum Surge to New HighsBitcoin has breached $89,000 per coin, registering a 1.99% intraday gain...
Blockchain 2024-11-15 17:33:19