Bitcoin (BTCUSD) was originally marketed as a non-correlated digital asset and a hedge against fiat debasement. However, market behavior now contradicts that thesis. Price action in the benchmark ...
Bitcoin is increasingly behaving like a software stock, with its latest correction unfolding alongside the broader software sell-off. The relationship between bitcoin and software equities has ...
Bitcoin (BTC-USD) has shifted its correlation away from the broader Nasdaq 100 (QQQM) and toward the software sector (IGV), (XSW) in recent months, according to Jonathan Krinsky, chief market ...