FalconX analyst: The correlation between cryptocurrency prices and risk asset index may remain high for some time

Odaily News David Lawant, head of research at FalconX, said that the correlation between cryptocurrency prices and broad risk asset indices has been rising and may remain high for some time. A lower interest rate cycle coupled with a soft landing is currently the basic scenario for most investors and will create a new macro environment for cryptocurrencies. Favorable election results and a more favorable liquidity environment for risky assets may usher in the next round of cryptocurrency bull market. (TheBlock)