After Four Straight Monday Declines, What’s on the Cards for Bitcoin?
Over the past three months, weekends have underperformed weekdays, due to global uncertainty. Bitcoin (BTC) investors are looking to move past four consecutive Monday losses.…
Tag: S&P 500
Bitcoin Retakes $62K as ‘Trump Trades’ Back In Vogue After Weekend Attack
The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said. Assets linked to U.S. Republican candidate Donald Trump’s probability…
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets. Unless…
2018 Was a Rough Year for Both Crypto and Equities Markets
Although the traditional equities markets and the crypto markets don’t have a ton in common, they both had a rough 2018, and investors in both…