HomeCryptoCrypto cannot shake the correlation story; BTC, ETH sink but Meme...

Crypto cannot shake the correlation story; BTC, ETH sink but Meme coins rise

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“Crypto does not have the same evaluation indicators. It is still in its infancy and so are its valuation models,” he told CoinDesk via email. “This uncertainty about valuations has allowed investors to justify holding prices higher. If I’m right about this, then I would expect volatility in crypto to exceed volatility in stocks, something you don’t want if you’re looking for a safe haven.

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