Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows
Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines.
Original Source
- Kraken parent Payward to buy Reap in $600M stablecoin payments push
- Polygon reduces block time to 1.75 seconds as payments push accelerates
- XRP ‘probably going to $12’ as price holds historical bottom zone for months
- South Korea confirms 22% crypto tax starting January 2027: Report
- Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining
- Morgan Stanley takes on crypto trading rivals with E*Trade pilot
- Stablecoin industry opposes Bank of England’s unhosted wallet ban
- OpenTrade raises $17M as CEO sees stablecoin yield tailwinds
- Why stablecoins and SWIFT may have to coexist
- Samsung SDS wins deal to build South Korea’s blockchain securities system: Report