Bitcoin (BTC) $124,505.88 1.17%
Ethereum (ETH) $4,640.72 2.30%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 233.645947 1.72%
Dogecoin (DOGE) $0.26 2.61%
Cardano (ADA) $0.86 1.13%
Chainlink (LINK) $22.56 0.36%
Litecoin (LTC) $120.06 0.08%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 2.55196 -0.97%
Dash (DASH) $34.32 -1.80%
X-CASH (XCASH) 5.0E-6 0.79%

Cryptocurrencies: 27557

Markets: 112310

Market Cap: $4,261,453,651,268

24h Vol: $171,152,683,213

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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