The news is out. The gist is: correlation across the crypto sector has fallen from its highs, and Grayscale says Bitcoin explains only about 50% of the differences in returns.
I’ve noted the institutional angle; I’ll check back in a while to see if they keep buying.
There’s a lot of buzz around the news, but I’m still watching the flows.
I also took a quick look at $BTC . There’s market action every day, so no rush. What’s everyone’s first reaction to this?
I’ve noted the institutional angle; I’ll check back in a while to see if they keep buying.
There’s a lot of buzz around the news, but I’m still watching the flows.
I also took a quick look at $BTC . There’s market action every day, so no rush. What’s everyone’s first reaction to this?
