Crypto Investors Must Understand this Issue Before Investment I Michael Burry

Crypto Investors Must Understand this Issue Before Investment | Michael Burry Big Bet I Crypto Baba

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Bitcoin and Crypto markets have matured from an obscure asset class. Amid greater adoption, the correlation of crypto assets with traditional holdings like stocks has increased significantly, which limits their perceived risk diversification benefits and raises the risk of contagion across financial markets. Bitcoin, stocks move together. Before the pandemic, crypto assets such as Bitcoin and Ether showed little correlation with major stock indices. They were thought to help diversify risk and act as a hedge against swings in other asset