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correlates

This key metric correlates with Bitcoin’s largest price drops

Bybit

At the beginning of the month, Bitcoin dropped to a three-month low of $46,500 in a market-wide flash crash that wiped over 18% of its value in a matter of hours.According to a report from analytics company Santiment, a spike in an often-overlooked metric preceded both this month’s crash and last year’s March sell-off and could be used to predict future price swings.Tracking … [Read more...] about This key metric correlates with Bitcoin’s largest price drops

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Recent Posts

  • Mt. Gox’s former CEO floats hard fork to recover 80K hacked Bitcoin
  • MoonPay PYUSDx Framework Is Bringing App-Specific Stablecoins to the Mainstream
  • Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
  • Crypto betting firm Stake secures naming rights to Sauber’s F1 Team
  • Bitcoin price breaks above $45K, days ahead of potential ETF approval

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ADA Bank Billion Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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