Bitcoin (BTC) $64,144.58 -0.35%
Ethereum (ETH) $1,798.79 -0.02%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 78.012751 -1.57%
Cardano (ADA) $0.17 -0.04%
Chainlink (LINK) $8.00 0.22%
Litecoin (LTC) $45.08 1.21%
Dash (DASH) $34.70 -0.65%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.223414 -0.52%
X-Cash (XCASH) 1.0E-6 0.00%
Dogecoin (DOGE) $0.00 -0.64%

Cryptocurrencies: 29427

Markets: 111511

Market Cap: $2,200,614,972,672

24h Vol: $52,342,626,933

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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