Bitcoin: Bitcoin’s rising correlation with tech weighs on hedge appeal

Bitcoin: Bitcoin’s rising correlation with tech weighs on hedge appeal

A familiar tone emerged in the market on Friday: tech stocks saw a small rebound and around the same time, Bitcoin reversed course as well, highlighting the cryptocurrency’s tendency to move at the same time as other risky assets. The world’s largest digital token rose 0.6% to $43,080 on Friday as of 3:46 pm New … Read more

FTSE 100 Live: Stock markets steady after interest rates outlook sends Nasdaq into correction territory and bitcoin lower

FTSE 100 Live: Stock markets steady after interest rates outlook sends Nasdaq into correction territory and bitcoin lower

T The FTSE 100 was higher today as investors got some relief from interest rate concerns that briefly left the Nasdaq in “correction” territory during Wall Street trading yesterday. The 10% drop since the Nasdaq high in November came amid growing concerns at the start of 2022 about monetary policy tightening by the US Federal … Read more

Tracking the cryptocurrency market

Tracking the cryptocurrency market

Investors should diversify into crypto projects that show strength during market correction Use promo code TNM51 at www.giottus.com/profile#promo after registering to get free bitcoin worth Rs 51. Volatility is one of the most distinctive characteristics of the cryptocurrency markets. But for new market participants, for investors or traders who have recently joined the bandwagon, volatility … Read more