Recently, the market phenomenon is quite interesting——when the US stock market soars, the crypto circle just lays flat and sideways; when the US stocks are stagnant, the crypto market starts to decline; and when the US stock market crashes significantly, the crypto market plunges even more. It seems that the crypto market has long become a follower of the US stock market. Or to put it bluntly, whatever happens in the US stock market, the crypto market is led around by the nose. This correlation is becoming increasingly obvious, especially in recent times, with BTC's movements more directly reflecting this trend.

BTC0.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)