Battered bitcoin may take cues from growth stocks and chalk up a new bull run in the second half of the year.
"Historically, per Goldman Sachs, growth stocks have been the worst-performing sector in the three months before and after the first rate hike," Liu added while noting the cryptocurrency's tight correlation with the growth-sensitive legacy risk assets. Bitcoin's correlation with the U.S. stocks recently hit a record high of over 0.
However, growth stocks suggest otherwise."Given the current strong correlation between bitcoin and growth stocks, especially the synchronized downward trend of the two assets since December, we believe it may be difficult for bitcoin to move upward direction in the three months following the first rate hike," Liu noted.
While bitcoin may be viewed as digital gold by some in the crypto community, it is also an emerging technology sensitive to centralized liquidity flow.
godbole17 Wow, do you know In CheersLand, gamers can earn rewards through skilled gameplay and contributions to the ecosystem. Join cheers_land now to earn ,Cheerland
godbole17 Hello everyone! Do you know that CheersLand will adopt the same business model and mechanism, which will help gamers earn continuous passive income. Join now cheers_land CheerLand
godbole17 🚀 VAIOT 🚀 Ultralow cap ALERT ! ☄️☄️ ✅ Extremely low mkt cap (10m USD) ✅ Strong partnerships with IBM, DRIFE, BRKL, SinCity ✅ Only 400M tokens 🔥 ✅ Long release schedule and strict multi-years lockup for team 🔒
godbole17 The first 200 people to follow me get $60 each, public Coinbase PutSouthAficansFirst
godbole17 Bring it on bring the bulls! BTC Bullish
godbole17 VAIOT 2.0, VAIOT team opens the door for user onboarding, smart KYC, metaverse agreements, contract analytics, easy contract generation, liquidity as a service, bridging solutions, the VAIOT blockchain and $VAI.
godbole17 Many investors predict the price will change, so it will cost much more usdt
godbole17 Hi bro 👊 $SKUY, A tree meme that connects real world and crypto world🔥 🌟 RWANFT Ecosystem 🌟 Sekuya Multiverse 🌟 Advanced DEX 🌟 Backed by Institutional Investors 🌟 More to be revealed! Join: sekuyaofficial SKUY SEKUYA MULTIVERSE GGWP
godbole17 I want to introduce you to something great,somewhere in the world people are restricted from using Netflix with Exidio_co you can easily gain access to your favourite website.. sentinel-co sentinel dvpnafrica bluefrengang
godbole17 Thank you for your information. I will invest in bitcoin and have profit. In the end I will certainly get profit in altcoins. Last months I have been getting percentage only from staking Tether.
godbole17 For $DOD, it's must be Bullish. $DOD is the first token designed to give holders 10,000,000X PRICE INCREASE by setting a final price. The price increased by 100X already. The LP is locked with 4300BNB. Another pump is coming, join us to make the miracle happened together.
godbole17
godbole17 Bitcoin bulls will return because the other option is slavery.
godbole17 AltbaseApp the best selling crypto app you e were I’ll ever see now on the iOS device ALTSEASON cryptocurrency
godbole17 CheemsInu Cheems Memetech
godbole17 Hurry up! Meta2Earn_2 is launching staking 100000%+APY
godbole17 🚀 VAIOT 🚀 💎Smart e-commerce 💎Aggregation of insurance products 💎Educational sales and service funnels All supported by our Blockchain VAIBC built on COSMOS 🌌
godbole17 BABYFLOKI 💎🐾 thebabyfloki
godbole17 BabyDogeCoin BabyDoge BabyDogeArmy BabyDogeFamily BabyDogeCoin2MillionHolders babydoge_cz_binance BabyDogeCoin·
godbole17 BabyDogeCoin BabyDoge BabyDogeArmy BabyDogeFamily BabyDogeCoin2MillionHolders babydoge_cz_binance BabyDogeCoin·
godbole17 We don’t buy Bitcoin, we earn Bitcoin by mining, I’m ready to show 10 lucky people on how to earn 0.1 ($4002) and more daily! No referral No withdrawal fees Interested people only Kindly send us a DM
godbole17 this year will be the year of ZenithCoin ZenithCoin ZenithChain ZenithChainArmy
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: BTCTN - 🏆 531. / 51 Läs mer »
Källa: BTCTN - 🏆 531. / 51 Läs mer »