Crypto Get Crushed Relative to Gold and S&P 500, Santiment Predicts a ‘Rubber-Band' Rebound

Crypto Get Crushed Relative to Gold and S&P 500, Santiment Predicts a ‘Rubber-Band' Rebound

By CoinPedia
The multi-month correlation between the crypto market and the S&P 500 is fast slipping away. During the past week, the S&P 500 dropped approximately 1.6%, gold shed less than 1%, while the crypto market dumped over 12% during the same period.

Article Details

Market Sentiment
Negative
Category
general
Reading Time
1 min
Article Type
Article
Topics & Keywords
#tanalysis

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Source: CoinPedia

Type: Article

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