Why bitcoin does not react to the oil market's recovery — five years of data explain the reason
The price of Brent crude posted its deepest weekly drop in recent months. Yet bitcoin's price barely reacted to the event. Over the week Brent fell by 9%, while the leading cryptocurrency dropped by only 1%. Such a price gap casts doubt on the strength of the link between the market for black gold and…
Why bitcoin does not react to the recovery of the oil market — five years of data explain the reason
The price of Brent crude oil posted its deepest weekly drop in recent months. At the same time, the bitcoin price showed practically no reaction to the event. Over the week, Brent fell by 9%, while the leading cryptocurrency dipped by just 1%. Such a price gap casts doubt on the strength of the link between the black gold market and…
Why Isn’t Robert Kiyosaki Buying the Dip in BTC, ETH, Gold, and Silver?
The popular investor and author believes the environment is more important.
Ethereum Price Prediction: Can ETH Reclaim $2K Before Month-End?
After finding support around $1.5K earlier this month, Ethereum has managed to stage a modest recovery. However, the asset remains positioned below critical technical barriers, and sentiment metrics indicate that buyers have not yet regained control of the market. The latter specifically shows a lack of strong institutional demand, suggesting that recovery…
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