Author: cryptossor

The most realistic News Of The Crypto [email protected] https://twitter.com/cryptossorcom

The IMF says Bitcoin’s high correlation with stocks means it’s more of a risk asset. The financial institution calls for greater global regulation of the ecosystem to reduce potential risks to the rest of the market. Bitcoin has outperformed the S&P 500 since 2017, with little to no correlation to the stock indexes before 2019 when the Covid-19 pandemic hit. Since then, Bitcoin and other cryptocurrencies have largely moved in sync with the major stocks on Wall Street. After plummeting in March 2020, crypto and equities began to surge as investors returned to risky assets, a scenario that now sees…

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