Cryptocurrency correlations are high, says the European Central Bank

Cryptocurrency correlations are high, says the European Central Bank


Cryptopolitan
2022-05-24 15:03:58

The past few weeks and months have emphasized the correlation between cryptocurrencies and the stock market. Therefore, the European Central Bank (ECB) has warned consumers and investors of this phenomenon. The Central Bank pointed out a few instances where the correlation was at its peak. It includes stressing market conditions of March 2020, December 2021,...