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Tag: BTC
By admin The crypto market is up 5.43% to $2.93T over the past 24 hours. The move is primarily driven by Bitcoin’s technical breakout and ETF-driven momentum. It also shows an 84% correlation with the Nasdaq-100 (QQQ), suggesting that macro forces are supporting both assets at the same time. Bitcoin surged past $86,000, its highest […]
By Michael Adeleke Key highlights: Mike McGlone said Bitcoin is in a limbo amid Fed policy and high stock valuations He warned that a 20% S&P 500 correction could push BTC down to $10,000 Bank of America’s valuation model also points to weak long-term stock returns ahead Mike McGlone, a senior strategist at Bloomberg Intelligence, […]