Last night, news broke that the new Federal Reserve chairman was practically already decided, and the biggest market reaction was in Bitcoin. Other markets, such as the US stock market, reacted only moderately. It seems that Bitcoin is currently uncorrelated with any other market; its only truly strong correlation is liquidity.
This article is machine translated
Show original
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
