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Barry Silbert: Crypto Market Destination Depends on Stock Market

Published 05/24/2021, 09:01 AM
Updated 05/24/2021, 09:30 AM
Barry Silbert: Crypto Market Destination Depends on Stock Market

  • Crypto market destination depends on the stock market, says Barry Silbert.
  • Silbert suggests that stocks are the key indicator for risk investors.
  • Correlations between the Nasdaq-100 and BTC are much higher at the beginning of 2021.

Barry Silbert, a powerful member in the digital-asset sector explained that investors need to look no further than the stock market, according to a tweet amid a downturn in digital assets.

However, some of the turmoil being experienced in crypto assets connected to China’s breakdown in the sector. More so, the crypto-focused site reported that a crypto exchange, Huobi, may scale b...

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