Bitcoin Sell-Off Deepens as Correlation with Stocks Rise

Bitcoin Sell-Off Deepens as Correlation with Stocks Rise

  • Post author:
  • Post category:Uncategorized
  • Post comments:0 Comments

[ad_1]

In a Monday newsletter, FundStrat, a global advisory firm, wrote that macro uncertainty could outweigh LFG’s reserve purchases. “Following previous LFG purchases, we witnessed a rise in realized market cap as other [traders] followed LFG’s lead,” the firm wrote. “However, realized market cap has remained flat since this latest purchase, indicating marginally less appetite for buying this weekend’s dip.”

[ad_2]

Source link

Leave a Reply