Bitcoin (BTCUSD) was originally marketed as a non-correlated digital asset and a hedge against fiat debasement. However, market behavior now contradicts that thesis. Price action in the benchmark ...
Bitcoin is up about 7% from the Sunday lows, even as equities and gold tread water. Analysts point to seller exhaustion, shifting gold correlation and improving ETF flows.
Once a cash-burning enterprise software firm, Strategy Inc. MSTR – previously known as MicroStrategy Inc. – became the most extreme expression of the Bitcoin age. Under the vision of Michael Saylor, ...
Bitcoin has recently been trading in a way that looks increasingly familiar to equity investors. Price moves in the ...
The two battered markets have had a nearly one-to-one correlation in recent months, but are moving in opposite directions on Thursday.
Bitcoin is now trading below Strategy's average purchase price. With equity collapsing, capital markets tightening, and software valuations imploding, investors are starting to ask an unthinkable ...
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