July was yet another strong month for the stock markets despite looming threat of a coming economic recession, with the Dow, Nasdaq, and S&P 500 all close to beating out their average monthly gains for the calendar month. Bitcoin, however, has spent much of July locked in a downtrend. This morning as the Fed monetary…
At the end of 2018, the stock market tumbled, and leading cryptocurrencies such as Bitcoin fell through price support to reach new yearly lows, sending the crypto market into a depression state. There’s hope at the end of the tunnel, concludes a team of analysts, whose average price prediction for Bitcoin puts the leading crypto…
The crypto markets have extended yesterday’s losses into today, with most major cryptocurrencies trading down slightly at the time of writing. Bitcoin and Ethereum have both established levels of resistance over the past few days and are continuing to respect those levels. Although the markets are expressing some levels of stability around their current price levels,…
Following yesterday’s crypto market surge that sent Bitcoin up more than 4% and Ethereum up more than 10%, the markets have found some levels of stability and are currently trading down slightly. Although the crypto markets are relatively stable as of now, the stock market is seeing tremendous levels of instability, with today’s drop being primarily…
The stock market is currently experiencing a sideways trading session, with all of the major benchmarks trading down slightly. Although the markets have seen unprecedented volatility towards the end of 2018, analysts still have lofty expectations for how some major stocks will perform in 2019. Their bullish views on the future of the markets is mostly…
Following the recent downturn in the US stock market, investors have now bore witness to wild market volatility, the likes of which haven’t been seen in years. Although the markets are ending 2018 on a less-than-positive note, one prominent economist now claims that massive daily price swings will become a new reality for the markets…
The discussion of an existing correlation between stocks and Bitcoin continues. Having been found to move in tandem during short periods, both asset classes have experienced gains in 2017 and losses in early 2018. Their common ground, however, may boil down to sentiment. Correlation Between Stocks and Crypto Only Found over Short-Term Traditional assets, such as stocks,…