1D·

Correlation between equities and cryptocurrencies

In recent days, I have been reading more and more that cryptocurrencies are decoupling from stock markets. Even that cryptocurrencies are currently much more stable than equities. On the one hand, I understand the thought process, especially if you invest in stocks like $ELF (+1,27%)
$HIMS (-7,52%)
$NU (-6,44%) etc invested in stocks.

On the other hand, many people forget that $ETH (-0,8%)
$SOL (-1,14%) etc have already lost more than 50% in value and are in a bear market. Only $BTC (-0,47%) is still holding up reasonably well, although it won't be long before $BTC (-0,47%) shares and other cryptocurrencies follow suit and suffer further losses. So the correlation is still there and it will not change. I hope you are still standing on the sidelines and have not yet dared to enter again 😕 The buying opportunities are yet to come 🤑

1 Comentar

Let's put it this way: why shouldn't it correlate. Fear and emotions dominate the monetary system. Anyone who dumps shares out of fear also dumps crypto out of fear.

Both crashes have nothing to do with Trump's tariffs, pure news events.
3
Participar na conversa