news 
Title: Ex-ARK Invest Crypto Lead Reveals True Cause Behind Bitcoin (BTC) Collapse
As the cryptocurrency market continues to experience significant fluctuations, Chris Burniske, a renowned crypto expert and former ARK Invest crypto lead, has shed light on the true cause behind Bitcoin’s recent collapse. In an exclusive interview, he shared his insights on the current state of the market and the impact it may have on the future of digital assets.
According to Burniske, “The correlation between Bitcoin and traditional assets is undeniable at this point.” He emphasized that “crypto is now officially part of the stock market” due to the launch of new ETFs and increased participation from institutional investors. This shift has led to a strong correlation with main assets, which will not change anytime soon.
Burniske’s analysis highlights the importance of understanding the connection between crypto and traditional markets. He believes that it would be foolish for investors to believe they can separate themselves completely from this correlation.
Source: u.today
