Each weekday, stacy-marie ishmael dives into everything from Bitcoin to Bored Apes, NFT’s to DeFi, Staking to Web3. Bloomberg Crypto, from Bloomberg and iHeart Radio, goes deeper than the daily market buzz to explore how this asset class is shifting the way we live
Why Bitcoin Trades Like A Stock
One of the features that early crypto investors would talk about is something called correlation - specifically, the lack of it. For investors looking to diversify their portfolios, correlation isn’t always a good thing. Over the past year, as inflation rates have begun to rise- the price of crypto has fallen in line with stocks. What does this mean for crypto’s supposed independence from other markets? Bloomberg reporter Vildana Hajric joins this episode to explore these questions.
Jun 28, 2022