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Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
The top two cryptocurrencies by market value, bitcoin (BTC) and ether (ETH) have rallied 70% and 56% this year, outshining traditional risk assets.
Singapore
Tradingview-coindesk
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Scotiabank
Federal-reserve
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BTC, ETH Could Face Risks From Potential USD Short Squeeze: Crypto Options Trader QCP Capital
A short squeeze refers to a rally stemming from traders squaring off their bearish short positions.
Singapore
Tradingview-coindesk
Jerome-powell
Parikshit-mishra
Federal-reserve
Scotiabank
Wall-street-journal
Federal-reserve-chair-jerome-powell
BTC Price's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data
The 90-day correlation coefficient between bitcoin and the dollar index has slipped to -0.70 from -0.11 four weeks ago.
Tradingview-coindesk
Sheldon-reback
Chris-weston
Us-bureau-of-economic-analysis
Reuters
Federal-reserve
Nasdaq
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Economic-analysis
Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
Gabriel-selby
Noelle-acheson
Oliver-knight
Tradingview-coindesk
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