Bitcoin vs Miners, MSTR & COIN
The top chart shows Bitcoin price in USD, while the bottom chart shows the % change in the stock of price of various crypto miners, Microstrategy (MSTR) the 3rd biggest company owner of Bitcoin and Coinbase (COIN) the crypto exchange.
See how MSTR stock has outpaced all miners as well as Coinbase since the start of the year in percentage terms. Today, it is up 136% so far since the start of the year, while Bitcoin is up 45%.
The bottom chart shows Bitcoin vs MSTR on the top left and their correlation, which remained at a high 0.70-0.90 over the last 7 months.
The right chart shows the % performances since January 2023 (not 2024), highlighting how IREN and MSTR are up 991% and 931% since Jan 3rd 2023 respectively, while Bitcoin is up 270% over the same period.
More Hot-Charts
-
Nasdaq100 Daily & Weekly
Jul 17, 2024 17:53 | by Ashraf LaidiThe triple top in weekly RSI suggests the following price and time implications: . PRICE: 18700. TIME: Duration of downside may last for another 3 to 4 weeks. -
Aussie View
Jul 3, 2024 17:14 | by Ashraf LaidiThe Australian dollar is the 3rd highest performing currency in the G10 so far this yearm behind USD and GBP. -
Aussie View
Jul 3, 2024 17:14 | by Ashraf LaidiThe Australian dollar is the 3rd highest performing currency in the G10 so far this yearm behind USD and GBP.
