A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables taking control of the markets and should continue in the near term. Not Uncorrelated: Stocks and Cryptocurrency […]
Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets
By CoinSurges
Related Posts
US Authorities Bust Billion-Dollar Crypto Laundering Network, Charge 2 Russians
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the US Department of Justice (DOJ) announced These
Gary Gensler’s New Crypto Insights: Key Takeaways That Might Surprise You
In a recent interview with CNBC, Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), addressed ongoing enforcement actions against key players in the cryptocurrency industry His
Worldcoin Soars 31%: Will Network Upgrades Push WLD Price Higher?
Worldcoin (WLD) is taking investors by storm as the token performs extremely well in the present market environment Despite the market experiencing a slight pullback today, WLD surged 31% since last
Bitcoin’s Liquidation Data Signals a Possible Trend Reversal—Here’s Why
Bitcoin price movements and market sentiment have often been tied to the positions held by traders across the board Regarding that, an insight shared by CryptoQuant analyst Amr Taha sheds light on
Solana Price (SOL) Pushes Higher: Surge Shows No Signs of Slowing
Solana is gaining pace above the $150 resistance zone SOL price is rising and might aim for a fresh increase above the $158 resistance zone SOL price started a fresh increase above the $150 zone
Dogecoin Wins Over Major Demand Zone: Path To $0.15 Now Clear?
An analyst has pointed out how Dogecoin has reclaimed a major on-chain demand zone, which could open up the path to higher levels Dogecoin May Not Have Much On-Chain Resistance At Upcoming Levels In