Why stocks may send Bitcoin price back to $50K before October
Bitcoin and SPX share a high correlation index as the US stock approaches a new all-time high a day before the Fed cuts interest rates.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin and SPX share a high correlation index as the US stock approaches a new all-time high a day before the Fed cuts interest rates.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Tokenized stocks reach 1.4M holders, up 448% in six months
The rapid growth of tokenized stocks signals a shift towards blockchain-based finance, potentially reshaping traditional investmen...
Record user activity and a collapse in whale selling should send XRP soaring, so why is it still pinned at $1?
XRP is back near $1 even as network activity rebounds, whale deposits to Binance collapse, and derivatives exposure builds near re...
Polkadot ETF realized $4.52 of loss per $1 in staking rewards
On Friday, the 21Shares Polkadot ETF (TDOT) reported that it realized $4.52 of loss per share by selling Polkadot (DOT) tokens to...
Goldman Sachs buys $386M in Strategy shares, pushing total stake to $558M
Goldman Sachs' investment in Strategy Inc. highlights growing institutional interest in indirect Bitcoin exposure, potentially inf...
Worldcoin (WLD) Price Prediction: Ascending Triangle Signals Potential $0.40 Breakout Amid Grayscale ETF Filing and Supply Cuts
The improving setup comes as several fundamental developments have changed the backdrop for WLD. Grayscale has filed with the U.S....
This Nasdaq-listed Bitcoin treasury diluted shareholders 18-fold to survive a $212 million crypto loss without selling its stash
GD Culture Group reported a $211.8 million first-half unrealized Bitcoin loss on its holdings while its split-adjusted share count...