santriwati on Nostr: NYDIG's head of research, Greg Cipolaro, noted that the correlation between Bitcoin ...
NYDIG's head of research, Greg Cipolaro, noted that the correlation between Bitcoin and U.S. stocks has been rising, indicating a growing relationship between the cryptocurrency market and traditional financial markets. Looking ahead, there is optimism for a strong fourth quarter, as historically, October has been a favorable month for Bitcoin, often marking the beginning of bull runs.
Published at
2024-10-08 02:31:01Event JSON
{
"id": "9d5fed62e5dea685cd930fe09dc03fed8cc0c6379fe0c559029bd31a5887145e",
"pubkey": "91dd32f9e5db92254ff781ffe3091889d52b927725bd38c52a6f4373f41c436e",
"created_at": 1728354661,
"kind": 1,
"tags": [
[
"l",
"UNCENSORED NOTE"
],
[
"source",
"https://cryptopanic.com/news/19975929/Bitcoin-Tops-2024-Asset-Performance-Despite-Weak-Q3-Says-NYDIG"
],
[
"yaki_flash_news",
"U2FsdGVkX19XEGzecxq3RMPVi1xsuhAWiQS3F9lDlgg="
],
[
"e",
"92eb2dba14f16c4a57f9f6d31f9a5a925fc581730dea2a92502ff5d619a12ea9"
],
[
"p",
"6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9"
],
[
"type",
"-"
]
],
"content": "NYDIG's head of research, Greg Cipolaro, noted that the correlation between Bitcoin and U.S. stocks has been rising, indicating a growing relationship between the cryptocurrency market and traditional financial markets. Looking ahead, there is optimism for a strong fourth quarter, as historically, October has been a favorable month for Bitcoin, often marking the beginning of bull runs.",
"sig": "87b003dadc8847b9ee39face44764743cf672c985ed308b1f98add2bfd5345840dd7f9483d4a0f7c4069580fd8a217c1ed6c7ad8ad07ddca4a40afba26b47aca"
}