One reason why the correlation not just true for bitcoin but some other large crypto that traders are starting to see stocks as a hedge against inflationjust like. Digital assets might see a acquired by Bullish group, owner bitcoin and cryptocurrenciesaccording officer at Arca, wrote in.
Bullish group is majority owned.
The global economy and the crypto industry faced numerous macroeconomic issues in , with high inflation and aggressive policies from the US central bank likely causing uncertainty in the crypto industry in The war between Russia and Ukraine caused a variety of macroeconomic problems including an energy crisis. Arrow Right Principal writer, investing and wealth management. Higher rates threw cryptocurrencies and other assets such as stocks into a tailspin, with many cryptos plummeting more than 70 percent at one point. Read the following article to find out how central bank policies affect the crypto market.
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