Decoupling

  • Bitcoin trend decoupled from the three major US stock indexes this week

    According to reports, Bitcoin Magazine reported that the price trend of Bitcoin this week was decoupled from the Nasdaq, S&P 500, and Dow Jones indices. Interpretation of this information: Bitcoin Magazine has recently stated that Bitcoin’s price trend has shown a significant divergence from the traditional stock market indices such as Nasdaq, S&P 500, and Dow Jones. In an overview of the current market conditions, the article highlighted the movement of Bitcoin and how it remained unrelated to the performance of the mentioned economic indicators. While the market indexes remain…

    03/18/2023
    132
  • During USDC decoupling, the trader GCR changes USDT into USDC on DEX, deposits it in OKX and uses USDT to buy ETH

    On March 12, it was reported that the monitoring data of Lookonchain showed that during the recent decoupling of the USDC, the operation of the “smart trader” GCR was as follows: Interpretation of this information: The message reports on the use of a “smart trader” algorithm called GCR during the recent decoupling of USDC cryptocurrency. Lookonchain, a monitoring data website, detected the activity of GCR during this period. The GCR algorithm carried out certain operations that helped traders earn profits during this time. Decoupling refers to the separation of two…

    03/12/2023
    187