‘Unprecedented’ correlation between top cryptos and U.S. stocks, is there need to worry

By AMB Crypto - 2 years ago - Reading Time: 1 minutes

‘Unprecedented’ correlation between top cryptos and U.S. stocks, is there need to worry

There’s a growing correlation between virtual assets and financial markets. Before the pandemic, crypto-assets such as Bitcoin and Ether showed little correlation with major stock indices. But this changed after the extraordinary central bank crisis responses of early 2020. Crypto prices and U.S. stocks both surged amid easy global financial conditions and greater investor risk […]

Original source: AMB Crypto