Top 5 Cryptocurrencies to Watch This Week: BTC, LINK, ATOM, XLM, BNB

in hive-116221 •  5 years ago 

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t various points throughout 2020 Bitcoin (BTC) was correlated with gold. During these phases BTC was acting as an uncorrelated asset, but now it has become highly correlated to the S&P 500.

This suggests that the top-ranked cryptocurrency on CoinMarketCap has been finding acceptance among various groups of traditional investors during different stages of the current coronavirus pandemic induced economic crisis.



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hive-116221 dlike bitcoin news cryptocurrency life technology
5 years ago by

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