Tag: Asset diversification

news-19062024-170711

German Government Agency Transfers $425M Bitcoin to Crypto Exchanges

A German government agency recently transferred $425 million in bitcoin to another wallet, with some of the funds being sent to crypto exchange deposit wallets. The transactional data revealed that deposits worth $32 million...
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Bitcoin Decouples from US Stocks Amid Supply Challenges

Bitcoin has been facing a significant price drop, plummeting over 20% from its June highs above $70,000. This decline comes as Bitcoin decouples from surging US equities, with the 90-day correlation coefficient between Bitcoin...
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Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...