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Bitcoin Shows Bullish Potential as Correlation to Equities Weakens After Fed Rate Hike

May 5, 2023 Paulo

After the Fed’s latest rate hike, Santiment reports that Bitcoin shows bullish signs, rising address activity, and declining correlation with traditional equities.

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  • Peter Schiff Declares Bitcoin’s Era Over as CZ Collects “BTC Crash” Prophecies
  • VC Valuations Collapse After Launch as FDVs of New Crypto Projects Plunge
  • Altcoin Season Delayed as Capital Rotates Back Into Bitcoin and Ethereum
  • Dogelon Mars Price Prediction 2030: Can ELON Become One of the Biggest Meme Coins of the Next Decade?
  • Safe-Haven Flows Keep Gold and Silver Supported as Bitcoin Faces Demand Headwinds
  • Bitcoin Whales Halt Sell-Offs as Market Enters Stabilization Phase
  • ETHZilla Abandons Ethereum Accumulation Strategy, Sells $74.5M in ETH to Repay Debt
  • Aster to Allocate Up to 80% of DEX Fee Revenue to ASTER Token Buybacks Starting December 23
  • US Congress Prepares Crypto Tax “Safe Harbor” to Ease Rules for Stablecoins, Mining, and Staking
  • Trump Media Buys Additional 451 BTC, Total Bitcoin Holdings Reach $1 Billion
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