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Bitcoin Insights Reveal 80% Correlation With The S&P500 – Analyst Prepares For Another Drop

Bitcoinist LogoBitcoinist13h ago

Bitcoin Insights Reveal 80% Correlation With The S&P500 – Analyst Prepares For Another Drop - Bitcoinist

Quick Summary:

Bitcoin has lost crucial support levels as the market struggles to find demand, allowing bears to gain momentum.

Analysts are calling for further corrections, with fear dominating sentiment across the crypto market.

Bitcoin has experienced a massive correction, with fear dominating the market as risks of further declines grow.

More Pictures

Bitcoin Insights Reveal 80% Correlation With The S&P500 – Analyst Prepares For Another Drop - Bitcoinist (Picture 1)Bitcoin Insights Reveal 80% Correlation With The S&P500 – Analyst Prepares For Another Drop - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 16:00:14 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 557 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 26515882

View Article Analysis

About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin Insights Reveal 80% Correlation With The S&P500 – Analyst Prepares For Another Drop" has 557 words across 51 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin Insights Reveal 80% Correlation With The S&P500 – Analyst Prepares For Another Drop" was covered 13 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 11 news stories per day.

It's most recent story was published 11 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #26515882
  • URL: https://beamstart.com/news/bitcoin-insights-reveal-80-correlation-17407586515

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