Bullrun Or Bearish Market? Realistic Price Target’s For Cryptocurrencies | Cryptobaba

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    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.

    26 Comments

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