Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Citi: Cryptocurrency market's correlation with the stock market may weaken in the long run
2025-02-05 09:23

Odaily News Citi said in its latest research report that as digital asset adoption grows, the correlation between Bitcoin and the stock market is expected to weaken in the long term. Citi pointed out that although the stock market remains the main macro driver of the crypto market, the correlation between the stock market and crypto assets will gradually decline as the crypto asset market matures, the investor base expands, and technological advances and adoption rates increase. In addition, further clarification of US crypto regulation may bring more market volatility driven by non-macro factors. The report also mentioned that Bitcoin's volatility is expected to continue to decline as institutional adoption grows. At the same time, Bitcoin's correlation with gold is worth paying attention to, which may be an early signal of its "value storage" attribute.