News April 6, 2023 Bitcoin’s Tight Correlation With Nasdaq-SPX Ratio Muddies Safe Haven Narrative Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests bitcoin is still a risk asset.
News March 29, 2023 Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq One observer said poor order book depth is primarily responsible for bitcoin’s rally, while others pointed to the cryptocurrency’s sound money appeal and Fed pivot speculation as bigger catalysts.