Good News For Cryptocurrency Market l UK Govt Big Announcement On Cryptocurrency l Crypto Baba
This is a Crypto News And update channel. If you want to learn about the Cryptocurrency market in a fun, entertaining and easy to understand way! You will also learn how to trade and invest in it, learn how I conduct technical analysis, coin analysis. In addition to subscribing, so you can receive your daily fix of crypto news
Bitcoin and Crypto markets have matured from an obscure asset class. Amid greater adoption, the correlation of crypto assets with traditional holdings like stocks has increased significantly, which limits their perceived risk diversification benefits and raises the risk of contagion across financial markets.
Bitcoin, stocks move together. Before the pandemic, crypto assets such as Bitcoin and Ether showed little correlation with major stock indices. They were thought to help diversify risk and act as a hedge against swings in other asset classes. But this changed after the extraordinary central bank crisis responses of early 2020. Crypto prices and US stocks both surged amid easy global financial conditions and greater investor risk appetite.
It is particular for everyone to understand other benchmark stock index to understand and make timely decisions.
In this channel I will be discussing different markets and providing update information so viewers can make better judgement.
#crypto #cryptocurrency #cryptobaba
15 Comments
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