Insights Pulse Insights

Jan 26

Is Bitcoin On its Way to Catch Up to the Monster SP500 Profits? 26-01-24, 21:41

📊 #Bitcoin crept over $42K today, even though #altcoins are not following suit (yet). The #SP500 had just made a new #AllTimeHigh yesterday, and the #bullish argument for #crypto is that $BTC and other large caps may 'regress to the mean' and play catch-up with the #equities markets. The #cryptocurrency sector has really lagged behind stock markets, particularly after it began deviating in the opposite direction back on January 17th.

Grab a FREE Santiment trial, and monitor the correlation between crypto and equities as we head into the final few days of January!

Dec 27

Crypto, Gold, and Equities All Enjoyed Incredible Rebounds in 2023! 27-12-23, 20:48

🥳📊 2023 is going down in the books as one of the best performing years of the century, accounting for multiple major sectors. #Bitcoin and #Ethereum are still within reach of breaking 1.5+ year highs, which were just established 3 weeks ago.

  • Bitcoin: Current market price of $43,157. If the asset gains +2.9% more in value, it will break a 20-month high
  • Ethereum: Current market price of $2,350. If the asset gains +1.6% more in value, it will break a 20-month high
  • S&P 500: Current market price of $4,775. The sector has just reached another 23-month high as traders are optimistic about interest rate reductions in early 2024.
  • Gold: Current market price of $2,089. If the precious metal gains +2.3% more in value, it will break a new all-time high

Dec 14

Will These Final 2 Weeks of 2023 Be BOOM or BUST For Crypto Markets? 14-12-23, 20:07

📺 #Crypto markets have been all over the place this past week, but they have been rebounding as of late after #altcoin hype died down. Check out our video market update with @Minted_Max to talk about how the remainder of 2023 should shake out!

Nov 28

Cryptocurrency and Equity Sectors are Correlating Tightly Once Again 28-11-23, 02:51

📊 #Bitcoin (+6.9%), #Ethereum (+12.2%) #SP500 (+8.5%), and #gold (+1.5%) have had encouraging November performances. Particularly with the stock market, it has rapidly caught up to #crypto over these past couple weeks. If $BTC makes a run from here without stocks following suit, this would be a strong sign that the correlation between sectors is breaking once again, which is typically a recipe for a #cryptocurrency #bullmarket.

Grab a week of free real-time #Santiment metrics here.