Bitcoin has climbed steadily in March and is on pace to post its third positive month in a row , but its narrative has been on a wild ride over the past few weeks. The cryptocurrency has spent much of the past two years trading in lockstep with equities, but that trend has been coming apart since the beginning of 2023. The break became more noticeable in March, as investors rediscovered bitcoin's appeal as alternative banking system as the regional banking crisis unfolded.
"These correlation data show that, at least recently, bitcoin has indeed performed more like a safe-haven asset than a risk asset," Alex Thorn, head of firmwide research at Galaxy Digital, said in a recent note.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Tech stocks just flashed sell signal for first time since November 2021Technology stocks just flashed their first sell signal since just before the market peaked in November 2021 People actually pay for this? It said 12850 was resistance for the Nasdaq100 what price did the nasdaq100 close Friday?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »