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Bitcoin and software stocks have been more correlated in the last months – BTIG’s Krinsky
Bitcoin (BTC-USD) has shifted its correlation away from the broader Nasdaq 100 (QQQM) and toward the software sector (IGV), (XSW) in recent months, according to Jonathan Krinsky, chief market ...
A tight correlation between mega-cap tech, software stocks and Bitcoin BTC that fueled massive gains in 2024 and 2025 has now flipped into synchronized weakness, and one Wall Street technical analyst ...
Bitcoin's correlation with the iShares Expanded Tech Software ETF (IGV), has risen to 0.73, noted by ByteTree Research. At its core, suggested another analyst, Bitcoin is just open source software, so ...
Since April 10, the iShares Expanded Tech-Software Sector ETF (IGV) has rallied 36% and reclaimed its 200-day moving average, signaling a return to a long-term uptrend despite earlier concerns over AI ...
Bitcoin has evolved from a peer-to-peer electronic cash system to a mainstream financial asset that has attracted the interest of institutions, corporations, and even governments. This ...
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