The US stock market lost over $1 trillion of market value following weak performance across Magnificent 7. Bitcoin showed a positive correlation to the stock market, trading at a daily loss alongside several other cryptocurrencies. New stablecoin inflows have yet to be allocated, says CryptoQuantanalyst. Bitcoin plunged more than 2% on Tuesday after the US stock market posted significant losses. The decline saw the general crypto market recording a 3.
It is possible that institutional investors are buying digital assets via TWAP orders or with algorithms to reduce the impact on the short-term price, he added. Meanwhile, Bitcoin's recent weak price action has seen Meta stock and Gold rising to challenge its outperformance as the second-best asset on risk-adjusted returns. Bitcoin’s outperformance on risk adjusted returns is being challenged. Over the last twelve months Meta and even Gold are catching up to it.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: FXStreetNews - 🏆 14. / 72 Weiterlesen »