Nasdaq has dotcom crash 'deja vu' says trader as Bitcoin correlation rises
The Nasdaq 100 is looking increasingly like it did in the year 2000, warns Peter Brandt, and that has no positive implications for Bitcoin. Bitcoin (BTC) and its stock market correlation are under fresh scrutiny amid a warning that the Dotcom Bubble is repeating itself in 2022.In a tweet on April 22, popular trader Peter Brandt highlighted similarities between the Nasdaq 100 (NDX) now and twenty years ago."Deja vu all over again"Bitcoin has shown itself to be highly correlated to U.S. equities this year. In particular, BTC/USD recently became attached to the NDX, which has not passed by....
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In a tweet on June 20, the 41-year-old Internet entrepreneur Kim Dotcom advised his followers to invest in either Bitcoin or gold, claiming that values will rise once Greece prompts the global market to crash again. Dotcom is not stranger to controversy. He is best known for his now closed file storage and viewing service Megaupload. Formerly known as Kim Schmitz, he recently won a court decision preventing the U.S. government from seizing his property. Dotcom has been advocating on social media for the use of digital currency for quite some time now. As with most of his tweets, this one....
Data shows Bitcoin has continued to become increasingly tied to the US stock market as the crypto’s correlation with Nasdaq reaches a new all-time high. Bitcoin’s Correlation With The Stock Market Continues To Go Up According to the latest weekly report from Arcane Research, the BTC-Nasdaq correlation has grown to a new ATH of over […]
On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the thread, Dotcom specifically highlights the American economy and he claims the “U.S. is beyond bankrupt.” Dotcom also talked about the “Great Reset” topic and how a “New World Order” aims to “shift into a new dystopian future where the elites are the masters of the slaves without the cosmetics of democracy.”
Kim Dotcom....
Data shows the Bitcoin correlation with the US stock market has remained at a high value recently as it saw an increase during the last week. Bitcoin Correlation With Stock Market Observed Slight Growth In Past Week According to the latest weekly report from Arcane Research, BTC’s correlation with NASDAQ and S&P 500 is currently […]
An extradition trial over Kim Dotcom and three colleagues in Auckland, New Zealand began on Monday amid controversy. He even brought his own chair. Megaupload founder Kim Dotcom appears in court to fight U. S. extradition: http://t.co/eERBd8Wct8 pic.twitter.com/INmk6e4QCb. - Reuters Tech News (@ReutersTech) September 21, 2015. Dotcom, along with two executives for file-sharing site Megaupload, were indicted by a grand jury in the Eastern District of Virginia. The indictment, dating back to January 2012, led to a FBI shutdown of Megaupload and then a dramatic raid at the Internet....