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Bitcoin Tanks as Low as $7,700 In Brutal Sell-Off: Is There Hope of Recovery?

Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at the worst of the Read more…

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Bitcoin, Gold uncorrelated while major U.S assets collapse amidst global chaos

Bitcoin has long been touted as an uncorrelated asset and surely enough, it has measured up to that narrative. The same can be said of gold. As major assets across the world feel the heat of chaos, Bi

The post Bitcoin, Gold uncorrelated while major U.S assets collapse amidst global chaos appeared first on AMBCrypto.

Bitcoin Cryptocurrency News

How Stock Market Bubble Fears Could Fuel Crypto Investment

Crypto markets have corrected today but stock markets continue to surge despite mounting warnings of economic despair ahead. When the bubble bursts will investors turn to digital assets as a safe haven? Stocks Up Amid Virus Fears, Crypto Dumps The current scenario on Wall Street is deceptively bullish in a country where red lights are Read more…

Bitcoin Cryptocurrency News

US Stock Markets to Have a Slow 2020, Will Investors Turn to Bitcoin and Crypto?

The US stock market rally in 2019 surprised skeptics, as indexes continued to surge despite underwhelming performance and setbacks for the FAANG stocks. But Wall Street pundits are predicting that 2020 will be sluggish. Will Bitcoin and crypto markets get all the attention then?  S&P 500 Expected to Deliver Single-Digit Returns 2020 may be the Read more…