Crypto's Role in Stock Market Volatility

Todays podcast delves into the ongoing debate about whats causing the current volatility in risk assets, particularly stocks and cryptocurrency. Some experts link cryptos weakness to a broader stock market sell-off, while others argue that cryptos recent drop triggered a significant stock market reversal. Despite a slight stock market rebound, cryptocurrency markets continued to decline, with Bitcoin dropping eight percent in 24 hours. Bitcoins fall below ninety thousand dollars was seen as a proxy for speculative fever by algorithmic traders, influencing broader market indexes. The ongoing discussion about cryptos role as a risk asset or hedge remains a central focus for investors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.