Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation, while analysts at JPMorgan Chase and Co. have cautioned that this retreat may have more room to run, Bloomberg reported Friday. The group of 10 spot Bitcoin ETFs recently witnessed its largest…
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Ethereum, Litecoin, and Bitcoin Minetrix stand out as cryptocurrencies likely to surge after Bitcoin’s 2024 halving event. Image by Muhammad Irfan, Adobe Stock. March 2024 will mark a monumental event for Bitcoin—the fourth halving in its history. This preprogrammed supply shock has proven to be a catalyst for explosive growth in the past. After previous…
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Data shows while Bitcoin has been correlated with the US stock market for some time now, the two haven’t moved in tandem recently. Bitcoin Correlation With US Stocks May Be Weakening As BTC Has Been Moving Differently As pointed out by an analyst in a CryptoQuant post, BTC has gone down in the past week…
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