XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish
RSI remains above 50, indicating bullish momentum. Resistance targets include $2.38 and $2.50. A drop below $2.20 could invalidate the current rally. XRP appears to be aligning itself closely with…
AltSignals: Unravelling AI token future as Bitcoin and Nvidia correlation grows
AltSignals has attracted investors with its AI application and earnings opportunities. A strong correlation between Bitcoin and NVIDIA has highlighted the influence of AI on crypto. $ASI token has 50x…
Bitcoin’s correlation with Nasdaq 100 falls to 3-year low
Bitcoin’s correlation with the Nasdaq 100 has fallen to just 3% in June, down from the overall 60% in 2022. BTC price has outperformed the stock index year-to-date and over…
Bitcoin vs. Nasdaq – An Interesting Correlation
Bitcoin and the Nasdaq 100 index have a positive correlation The two markets’ performances offer a way to trade Bitcoin Volatility is key in interpreting the positive correlation Bitcoin and…
Bitcoin’s rollercoaster 2022 correlation with the stock market
Anyone who follows me will know I like taking a macro view to Bitcoin. It is now firmly entrenched as an asset class on the big stage, and that means…