Cryptopolitan
2022-05-17 11:00:15

Ukraine war and Bitcoin plunge exposes crypto as no hedge against equities

The recent drop in cryptocurrency prices has mirrored a stock market sell-off. The declines suggest that digital currencies may not be a trustworthy investment during economic uncertainty. The Russia-Ukraine conflict and the U.S. Federal Reserve’s decision to curtail monetary aid have pushed investors to flee from high-risk assets such as equities and seek refuge in...

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