On April 14, US Treasury yields for both 2-year and 10-year bonds fell as Bitcoin experienced its strongest weekly performance since January, climbing 6.79%. While the dip in yields suggests investors may be shifting towards riskier assets like Bitcoin due to concerns about temporary tariff exemptions and trade tensions, it also introduces volatility. Bitcoin recently ...
The recent stock Market correction has impacted both stock and cryptocurrency investors, with Bitcoin being a significant focus. Historically, Bitcoin was not closely linked to stock Market movements, but now it shows a strong correlation, currently down 10% this year. Investor sentiment has shifted from euphoria to fear, affecting Bitcoin ETFs, as many investors are ...
Investing in cryptocurrencies requires a unique approach compared to traditional stocks. While you can apply some stock investment principles, successful crypto investors often compare their coins to Bitcoin, rather than the stock Market. This is because cryptocurrencies tend to move together, influenced heavily by Bitcoin’s performance. When evaluating your crypto investments, it’s important to benchmark ...
Bitcoin experienced a significant decline in February, dropping over 16% and marking its worst monthly performance since June 2022. On a recent Friday, it fell below $80,000 for the first time in 2023 before recovering slightly to around $84,000. This downturn followed President Trump’s announcement of new tariffs on imports from Canada, Mexico, and China, ...
This segment from the Empire newsletter discusses the recent performance of Ethereum (ETH) and Solana (SOL) in relation to Bitcoin (BTC). It highlights that SOL’s trading pattern closely mirrors that of ETH, particularly in terms of their price ratios against BTC. Both cryptocurrencies saw significant price increases during their first bull markets, followed by declines ...
As East Asia gets ready to celebrate the Lunar New Year and welcome the Year of the Snake, it’s a good time to reflect on the performance of Bitcoin and the CoinDesk 20 in the previous Year of the Dragon. CLSA, a brokerage in Hong Kong, has traditionally used lunar cycles to forecast Market trends, ...
As 2024 comes to an end, Bitcoin (BTC) is showing disappointing performance compared to its usual year-end gains. Historically, Bitcoin tends to increase around 2.8% in the 51st week, but this year it is expected to drop by 11%. While it usually gains about 3% in the last week of the year, it has actually ...
