Research Says Bitcoin Price Booms May Positively Affect Stock Prices !!

in #bitcoin • 7 years ago


Nautilus Investment Research Recently Bitcoin experienced explosive growth when the price of the stock drifted. Bitcoin prices rose almost 80% last month. The S & P 500 is seen to increase the monument growth in the lock strip with Bitcoin. It seems that the price of bitcoin is related to the price increase.

Read also: Australian Senator Bitcoin Push to Reserve Bank to Create Official Currency

The Business Insider article said, "This type of astronomical profits of Bitcoin goes out, according to the Nautilus Investment Research, related to a strong demonstration of stocks."

Nautilus Investment Research also details in detail that, when Bitcoin gets 30% of a month's value, then after several months the stock price increases. They tweeted a graph showing Bitcoin as a "driver" for SPX.

#news #crypto #steemit
7 years ago in #bitcoin by
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     7 years ago 

    Great post, thanks for sharing! I gave you a vote. I hope you enjoy it.

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    3 votes
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     7 years ago 

    Upvoted!!! I like your last paragraph!! The"Details in detail" section.

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