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Is there a potential Nasdaq/BTC correlation evolving?
Following on from recent updates on the Nasdaq 100 and Bitcoin I would like to draw your attention to the recent gains in both. The Nasdaq making history above 18k this afternoon and Bitcoin rising even closer to 50k (49,967 the high so far) now too would seem unconnected, or are they? I have just looked at chart of both over the past 30 days and the price action of one overlayed onto the other shows show a very similar path. That is not say that there is a direct, or lasting correlation between the two, but as you can probably see, they seems to be matching strides together in the very short term.
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
