Odaily Planet Daily News. Citibank (C) stated in a research report on Friday that the performance of the cryptocurrency market continues to lag behind other risk assets in the event of weakened demand and is expected to remain highly correlated with stocks. The bank pointed out that both BTC and ETH Spot exchange-traded funds (ETFs) have experienced capital outflows. Looking ahead, the bank expects the cryptocurrency market to remain highly correlated with stocks in the upcoming macro calendar. (Coindesk)
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Citigroup: Pasar Mata Uang Kripto Akan Tetap Terkait Erat dengan Saham
Odaily Planet Daily News. Citibank (C) stated in a research report on Friday that the performance of the cryptocurrency market continues to lag behind other risk assets in the event of weakened demand and is expected to remain highly correlated with stocks. The bank pointed out that both BTC and ETH Spot exchange-traded funds (ETFs) have experienced capital outflows. Looking ahead, the bank expects the cryptocurrency market to remain highly correlated with stocks in the upcoming macro calendar. (Coindesk)