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Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise

by BitSmart.US
August 22, 2022
in Uncategorized
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Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise
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“Crypto, then again, doesn’t have the identical valuation metrics. It’s nonetheless in its infancy and so are its valuation fashions,” he stated to CoinDesk by way of e mail. “That ambiguity, with respect to valuations, is what allowed for buyers to justify chasing costs increased. If I’m proper on that, then I might count on the volatility in crypto to outlast the volatility in equities, one thing you don’t need if you happen to’re in search of a protected haven.”



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