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.
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