| Time | Details |
|---|---|
| 2024-08-02 17:00 |
Market Turmoil: Bitcoin Must Hold Above $60K
According to CryptoMichNL, the markets are experiencing a horrendous day with significant declines. The U.S. Dollar Index (DXY) is tanking, and yields are plummeting. This has led to substantial drops in U.S. stock markets, causing Bitcoin and Gold to fall as well. Bitcoin needs to hold above the $60K mark to avoid a severe downturn. (Source) |
| 06:00 |
Bitcoin's Growing Correlation with U.S. Stock Markets and Ethereum's Market Performance
According to @intotheblock, this week's newsletter highlights Bitcoin's increasing correlation with U.S. stock markets and provides an analysis of Ethereum's market performance. This correlation suggests that Bitcoin's price movements are becoming more aligned with traditional financial markets, which could impact trading strategies. Ethereum's performance is also evaluated, offering insights into its current market trends. (Source) |