Former Bloomberg Analyst: Assets Against Market Trends are Worth Attention
Bitget2024/05/12 01:05
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Former Bloomberg analyst Jamie Coutts CMT stated on platform X that in the past month, the total market value excluding BTC and ETH has dropped by 11.8%. The Mkt structure in cryptocurrency is similar to stocks, when the market falls, dispersion decreases (correlation increases). Therefore, assets against market trends are worth paying attention to.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Analysts: Colombia's Consumer Price Index will reach 6.3% by the end of this year
老虎证券•2026/04/25 04:57
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$78,381.63
+1.35%
Ethereum
ETH
$2,372.44
+2.61%
Tether USDt
USDT
$1
+0.02%
XRP
XRP
$1.43
+0.96%
BNB
BNB
$635.84
+1.07%
USDC
USDC
$1
+0.04%
Solana
SOL
$87.05
+1.63%
TRON
TRX
$0.3243
-0.01%
Dogecoin
DOGE
$0.09951
+1.82%
Hyperliquid
HYPE
$41.68
+0.95%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now