Bitcoin Shows Strong Correlation with Yen—Diminished Appeal as Alternative Asset
Bitcoin’s 90-day correlation with the Japanese yen hit a record 0.86, raising concerns over its diminishing appeal as an alternative investment asset.
Long-Term Bitcoin Holders Turn Net Buyers, Easing Downward Price Pressure
Long-term Bitcoin holders have shifted to net buying for the first time since July, easing downward price pressure after a major sell-off, with Bitcoin trading near $88,000.
Bitcoin's November rally, dubbed 'Moonvember,' is drawing attention, but historical data shows high volatility and wide deviations, cautioning against relying solely on seasonal trends for trading decisions.
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Bitcoin's 'Uptober' Fades as 'Moonvember' Hopes Rise—But Volatility Remains High
Bitcoin's November rally, dubbed 'Moonvember,' is drawing attention, but historical data shows high volatility and wide deviations, cautioning against relying solely on seasonal trends for trading decisions.
Bitcoin surged after Donald Trump’s remarks downplaying fiscal deficits, with the cryptocurrency hitting its highest level since mid-June amid debate over the Republican BBB bill’s impact on US fiscal policy.
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Bitcoin Rises on Trump’s Comments That Growth Will Offset Deficits
Bitcoin surged after Donald Trump’s remarks downplaying fiscal deficits, with the cryptocurrency hitting its highest level since mid-June amid debate over the Republican BBB bill’s impact on US fiscal policy.
Bitcoin surged above $106,000 for a third straight day, defying US political unrest and macroeconomic uncertainty, as investors increasingly view the cryptocurrency as a resilient asset and eye a potential test of the $107,000 resistance level.
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Bitcoin Attempts to Break Above $107,000 Despite US Political Turmoil
Bitcoin surged above $106,000 for a third straight day, defying US political unrest and macroeconomic uncertainty, as investors increasingly view the cryptocurrency as a resilient asset and eye a potential test of the $107,000 resistance level.
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