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Former Bloomberg Analyst: Assets Against Market Trends are Worth Attention

Former Bloomberg Analyst: Assets Against Market Trends are Worth Attention

Bitget2024/05/12 01:05

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.

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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.

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