FalconX Analyst: The correlation between cryptocurrency prices and risk asset indices may remain high for a period of time
FalconX Research Director David Lawant stated that the correlation between cryptocurrency prices and broad risk asset indices has been on the rise, and may remain high for a period of time. The current basic situation for most investors is a lower interest rate cycle coupled with a soft landing. This will create a new macro environment for cryptocurrencies. Favorable election results and liquidity environments more conducive to risk assets could potentially trigger the next bull market in cryptocurrencies. (TheBlock)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Astros Vault surpasses $1.7 million in deposits within 3 days of launch
Fidelity executive: The bitcoin bull market is over, 2026 may be a "consolidation year"
MocaPortfolio announces details of ME token sale, with a total allocation of 2.195 million ME
Uniswap proposal set for voting, UNI largest short positions liquidated by over 40%