
Title: Ex-ARK Invest Crypto Lead Reveals True Cause Behind Bitcoin (BTC) Collapse
As the cryptocurrency market continues to evolve and mature, it’s becoming increasingly apparent that crypto assets are no longer separate entities from traditional financial markets. In fact, a recent article published by U.Today suggests that the correlation between cryptocurrencies and main assets has become so strong that it cannot be ignored anymore.
A key takeaway from this article is that Bitcoin (BTC) has now officially become part of the stock market in every sense of the word. This means that we can no longer neglect the influence of traditional markets on cryptocurrency price movements.
Chris Burniske, a former crypto lead at ARK Invest, shared his insights on the matter. He emphasized that the correlation between cryptos and main assets has become too strong to ignore.
Source: u.today