Economist Predicts ‘Monster’ Move for Bitcoin and Risk Assets Based on BTC/SPX Ratio
Economist Henrik Zeberg, specializing in macroeconomics, is foreseeing a significant move for Bitcoin (BTC) and other risk assets, characterizing it as a potential "monster" move. His analysis is centered around the BTC/SPX Ratio, an indicator that evaluates Bitcoin's performance relative to the S&a ...
Analyzing Bitcoin’s Correlation with Various Asset Types
The financial media often points out Bitcoin’s (BTC) correlation to Big Tech. “Bitcoin is trading like a tech stock” is a common narrative alongside BTC’s often acute inverse relationship with the United States dollar. But are these correlations set in stone, and can they help predict future pric ...
Cryptocurrency Market Outlook in the Face of Impending U.S. Default
Cryptoplatform Blockchain.com CEO Peter Smith and Standard Chartered Bank CEO Jeff Kendrick spoke out about the outlook for the cryptocurrency market in the wake of the impending U.S. default. Speaking at the Qatar Economic Forum hosted by Bloomberg, Blockchain.com CEO Pe ...
Economist Peter Schiff warns of significant decline in Bitcoin
Renowned economist and well-known critic of cryptocurrency, Peter Schiff, has issued a stern warning about the future of Bitcoin, stating that it is teetering on the brink of a significant downturn. Schiff took to Twitter to express his views, predicting a crash in risk assets, with Bitcoin leadi ...