Bitcoin (BTC) $81,455.04 0.67%
Ethereum (ETH) $2,646.38 1.47%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 111.471169 -0.90%
Chainlink (LINK) $12.54 2.74%
Cardano (ADA) $0.23 4.09%
Litecoin (LTC) $57.54 2.08%
Dash (DASH) $59.04 0.62%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.460898 -2.41%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 30065

Markets: 114577

Market Cap: $2,786,731,456,659

24h Vol: $79,773,540,453

CoinDesk

2022-11-16 03:24:35

Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks

Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks

A new analysis shows how correlations have increased on various sectors of the 162-asset CoinDesk Market Index (CMI) amid widespread crypto distress following the collapse of Sam Bankman-Fried's FTX exchange. U.S. stocks, meanwhile, look unfazed by it all.

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