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Bitcoin Deviates Further Away from Dow, S&P 500 as Price Hits $13K

Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the price above $13,000…
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Bitcoin Price Dives to $6,800, Leaving $40 Million in Longs Liquidated

After managing to retake $7,200 on the weekend, Bitcoin tumbled lower on Monday morning, falling in tandem with global markets as the coronavirus continues to ravage economies. As of the time of this article’s writing, BTC is trading at…
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Bitcoin Explodes to $6,800 as S&P 500 Rallies 10% On Back of ‘QE Infinity’ & Coronavirus Bill

Bitcoin has continued to strengthen over the past few hours, rallying as high as $6,850 on Tuesday morning and now trading at $6,790 as of the time of this article’s writing. According to data from TradingView, the cryptocurrency has gained…
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Bitcoin Taps $8,000 as Violent Sell-Off Rocks S&P 500 Futures & Oil

It seems that bulls can’t catch a break. Bitcoin just minutes ago tapped $8,000 (per data from TradingView), bringing its 36-hour performance to a dismal -13%, having peaked at $9,200 on Saturday. This latest leg lower comes after the…
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Bitcoin Gains in 2020 Beat S&P 500’s in 2019, But Bulls Don’t Look Done

Bitcoin (BTC) has started 2020 in fine style. Based on a numerous different factors, analysts believe these gains will continue too. The leading crypto asset by market capitalisation traded at around $7,250 at the start of the year. Just 30…
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Bitcoin to Boom after Markets Run Out of Fed Support

The US central bank’s effort to expand its balance sheet through a pseudo-quantitative easing program could prompt bitcoin to pursue its next bull run. Since October, the Federal Reserve has been buying $60 billion worth of T-bills every…
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2018 Was a Rough Year for Both Crypto and Equities Markets

Although the traditional equities markets and the crypto markets don’t have a ton in common, they both had a rough 2018, and investors in both markets are hoping that 2019 proves to be different. Despite being a rough year price-wise, many…