Grayscale says crypto sectors are drifting away from Bitcoin’s orbit
By John Chen
The decreasing correlation with Bitcoin suggests crypto sectors may offer more diversification but also come with higher volatility risks. The post Grayscale says crypto sectors are drifting away from Bitcoin’s orbit appeared first on Crypto Briefing.
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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