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Wednesday, September 9, 2020

Correlation between bitcoin and S&P500 nears all time high

The Block     •     September 9, 2020, 7:10 pm
Correlation between the S&P 500 and bitcoin crested near an all-time high earlier this week, according to new data from Coin Metrics. On Monday, the Pearson 180-day correlation reached 0.4905 before… News     •     September 9, 2020, 7:04 pm
The asset's new multichain partner makes it so.
All News     •     September 9, 2020, 7:26 pm
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The Bitcoin News – Bitcoin and Blockchain News     •     September 9, 2020, 6:00 pm
It is growing increasingly clear as to just how important $10,000 is for Bitcoin’s macro price action, as this level has been ardently defended by bulls on multiple occasions BTC has been trading…

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