Bitcoin-Nasdaq correlation hits 2-year high as mixed US inflation …

1 day ago · Since then, the stock and crypto prices have made several gains. Following the inflation report, S&P 500 and Nasdaq futures gained over 1%, while Bitcoin surged by more …

1%
OFF

Bitcoin-Nasdaq Correlation Hits 2-year High As Mixed US Inflation …

2 weeks from now

1 day ago · Since then, the stock and crypto prices have made several gains. Following the inflation report, S&P 500 and Nasdaq futures gained over 1%, while Bitcoin surged by more …

cryptopolitan.com

$100000
OFF

Bitcoin Above $100,000 After Inflation Data Offsets Fed Jitters

2 weeks from now

8 hours ago · The equity market's reaction to US inflation data on Wednesday set a positive tone for digital tokens, and the correlation between Bitcoin and Nasdaq, a gauge of US technology …

blockhead.co

$100000
OFF

Bitcoin Briefly Hits $100,000 Mark As Cooling U.S. Inflation Boosts ...

2 weeks from now

10 hours ago · Bitcoin's correlation with traditional financial markets has increased, particularly with the Nasdaq 100. Jag Kooner, Head of Derivatives at Bitfinex, noted that Bitcoin's …

coinmarketcap.com

$100000
OFF

Bitcoin Briefly Touches The $100,000 Mark, As Cooling US Inflation ...

2 weeks from now

21 hours ago · "The December CPI data marks the removal of the last major macroeconomic barrier keeping bitcoin below $100,000 ahead of Donald Trump’s upcoming inauguration," …

theblock.co

7%
OFF

Bitcoin Hits Highest In More Than Two Years - Nasdaq

2 weeks from now

Feb 12, 2024 · The cryptocurrency has risen some 15.7% so far this year, helped by regulators approving U.S. spot bitcoin ETFs and expectations for interest rate cuts. At 1535 GMT, bitcoin …

nasdaq.com

1%
OFF

Bitcoin-Nasdaq Correlation Hits 2-year High As Mixed US Inflation …

2 weeks from now

Following the inflation report, S&P 500 and Nasdaq futures gained over 1%, while Bitcoin surged by more than 2.6%. The report showed that the consumer price index increased by 0.4% …

cryptonews.net

9%
OFF

US CPI Hits 2.9%, Yet Core Inflation Cools Below Forecasts: Could ...

2 weeks from now

1 day ago · After a strong jobs report on January 10 suggested that interest rate cuts might slow down, the dollar went up, and this made Bitcoin’s price drop. Over the past month, the …

coinpedia.org

$100
OFF

#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

2 weeks from now

2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

36%
OFF

#MicroStrategy Hits 446,400 BTC Despite Stock Slump

2 weeks from now

MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

FAQs about Bitcoin-Nasdaq correlation hits 2-year high as mixed US inflation … Coupon?

Does bitcoin's correlation with the NASDAQ signal more sensitivity to economic data?

However, Bitcoin’s growing correlation with the Nasdaq 100 signals more sensitivity to economic data, according to Jag Kooner, head of derivatives at Bitfinex. Bitcoin’s correlation with the Nasdaq reached a two-year high, “making it sensitive to today’s CPI data” and other economic factors, he told Cointelegraph. ...

Will US inflation data help bitcoin reach 100000?

US inflation data came out a short while ago with the Core inflation print YoY softer than expected. It will be interesting to see if this helps propel Bitcoin toward the 100000 mark and beyond. Bitcoin (BTC/USD) from a technical standpoint on the daily timeframe the overall price action has been messy. ...

Will US inflation data drive bitcoins price?

US Data Could Temporarily Drive Bitcoins Price US inflation data came out a short while ago with the Core inflation print YoY softer than expected. It will be interesting to see if this helps propel Bitcoin toward the 100000 mark and beyond. 3rd party Ad. ...

Is there a correlation between Bitcoin & NASDAQ?

In an interview with Bloomberg on Tuesday, VanEck’s CEO, Jan van Eck stated that ‘it is disappointing to note the correlation between Bitcoin and Nasdaq over the past 6 months. Mr van Eck went further by saying that many people are looking at Bitcoin for the first time which is not what you want (referring to the growing correlation). ...

Is bitcoin sensitivity to economic data?

Bitcoin (BTC) briefly recovered above the $100,000 mark on Jan. 15 for the first time since Jan. 7, Cointelegraph Markets Pro data shows. However, Bitcoin’s growing correlation with the Nasdaq 100 signals more sensitivity to economic data, according to Jag Kooner, head of derivatives at Bitfinex. ...

Is the NASDAQ vs bitcoin related?

K33 Research Report – Nasdaq vs Bitcoin Correlation K33 Research’s latest “Ahead of the Curve” report highlights that the crypto market is facing the same challenges affecting global markets. Over the past month, Bitcoin (BTC) and the Nasdaq have become more closely linked, with their current 30-day connection reaching its highest point in 2024. ...