Tag: FTX

Bitcoin Withdrawals Are Above Deposits Since FTX Crash

Bitcoin Withdrawals Are Above Deposits Since FTX Crash

On-chain data shows that Bitcoin transactions exiting exchanges were greater than the number of them since the FTX collapse. Bitcoin exchange withdrawals have been above deposits recently As pointed out by an analyst at the twitter, Deposits on BTC exchanges have fallen in recent months. Read More

Bitcoin Correlation With The S&P 500 Falls To FTX Collapse Levels, But Why?

Bitcoin Correlation With The S&P 500 Falls To FTX Collapse Levels, But Why?

Over the years, Bitcoin has shown an increasingly strong positive correlation with the S&P 500 and other major US stock market indices. When the correlation weakens and turns negative, price movements in BTC can be especially substantial. The top cryptocurrency is now showing the biggest Read More