7*24

Hot topic

Market

Activities

HTX data monitoring shows that AAVE has broken through 90 USDT, currently reported at 90.01 USDT, with a 24H increase of 1.16%.

【AAVE breaks through 90 USDT】HTX data monitoring shows that AAVE has broken through 90 USDT, currently reported at 90.01 USDT, with a 24H increase of 1.16%.

AAVE breaks through 90 USDT

RONIN fluctuated by 51.22% within 24 hours, current price $0.1297

【RONIN fluctuated over 50% in 24 hours!】RONIN fluctuated by 51.22% within 24 hours, current price $0.1297

RONIN fluctuated over 50% in 24 hours!

HTX data monitoring shows that BTC has broken through 77,000 USDT, currently reported at 77,002.98 USDT, with a 24H decline of 1.84%.

【BTC breaks through 77000 USDT】HTX data monitoring shows that BTC has broken through 77,000 USDT, currently reported at 77,002.98 USDT, with a 24H decline of 1.84%.

BTC breaks through 77000 USDT

HTX data monitoring shows that ETH has fallen below 2100 USDT, currently reported at 2099.32 USDT, with a 24H decline of 3.97%.

【ETH drops below 2100 USDT】HTX data monitoring shows that ETH has fallen below 2100 USDT, currently reported at 2099.32 USDT, with a 24H decline of 3.97%.

ETH drops below 2100 USDT

MFER fluctuated by 274.41% within 24 hours, current price $0.0013

【MFER's 24-hour fluctuation exceeds 50%!】MFER fluctuated by 274.41% within 24 hours, current price $0.0013

MFER's 24-hour fluctuation exceeds 50%!

twt Hits New High of 0.4863 USDT, Up -2.58% in 24H

【twt soared to 0.5077 USDT, a new high with a 24-hour increase of -2.58%. It currently trades at 0.4863 USDT on HTX.】twt Hits New High of 0.4863 USDT, Up -2.58% in 24H

twt soared to 0.5077 USDT, a new high with a 24-hour increase of -2.58%. It currently trades at 0.4863 USDT on HTX.

bill Hits New High of 0.156232 USDT, Up 3.87% in 24H

【bill soared to 0.165577 USDT, a new high with a 24-hour increase of 3.87%. It currently trades at 0.156232 USDT on HTX.】bill Hits New High of 0.156232 USDT, Up 3.87% in 24H

bill soared to 0.165577 USDT, a new high with a 24-hour increase of 3.87%. It currently trades at 0.156232 USDT on HTX.

MAY fluctuated by 57.69% within 24 hours, current price $0.004751

【MAY fluctuated over 50% in 24 hours!】MAY fluctuated by 57.69% within 24 hours, current price $0.004751

MAY fluctuated over 50% in 24 hours!

HANA fluctuated by 50.22% within 24 hours, current price $0.029373

【HANA fluctuated over 50% in 24 hours!】HANA fluctuated by 50.22% within 24 hours, current price $0.029373

HANA fluctuated over 50% in 24 hours!

According to IMF blog, few parts of the world have embraced crypto assets like Asia, where top adopters include individual and institutional investors from India to Vietnam and Thailand. This raises the important issue of the extent of integration of crypto into the financial system in Asia.
Crypto trading, however, soared as millions stayed home in the pandemic and received government aid, while low interest rates and easy financing conditions also played a role. The total market value of the world’s crypto assets surged 20-fold in just a year and a half to $3 trillion in December. 
As Asian investors piled into crypto, the correlation between the performance of the region’s equity markets and crypto assets such as Bitcoin and Ethereum has increased. 
For example, the return correlations of Bitcoin and Indian stock markets have increased by 10-fold over the pandemic, suggesting limited risk diversification benefits of crypto. The volatility correlations have increased by 3-fold suggesting possible spillovers of risk sentiment among the crypto and equity markets.
Key drivers of the increased interconnectedness of crypto and equity markets in Asia could include growing acceptance of crypto-related platforms and investment vehicles in the stock market and at the over-the-counter market, or more generally growing crypto adoption by retail and institutional investors in Asia, many of whom have positions in both the equity and crypto markets.

Detail

【Crypto is more in step with Asia’s equities, IMF says】According to IMF blog, few parts of the world have embraced crypto assets like Asia, where top adopters include individual and institutional investors from India to Vietnam and Thailand. This raises the important issue of the extent of integration of crypto into the financial system in Asia.
Crypto trading, however, soared as millions stayed home in the pandemic and received government aid, while low interest rates and easy financing conditions also played a role. The total market value of the world’s crypto assets surged 20-fold in just a year and a half to $3 trillion in December. 
As Asian investors piled into crypto, the correlation between the performance of the region’s equity markets and crypto assets such as Bitcoin and Ethereum has increased. 
For example, the return correlations of Bitcoin and Indian stock markets have increased by 10-fold over the pandemic, suggesting limited risk diversification benefits of crypto. The volatility correlations have increased by 3-fold suggesting possible spillovers of risk sentiment among the crypto and equity markets.
Key drivers of the increased interconnectedness of crypto and equity markets in Asia could include growing acceptance of crypto-related platforms and investment vehicles in the stock market and at the over-the-counter market, or more generally growing crypto adoption by retail and institutional investors in Asia, many of whom have positions in both the equity and crypto markets.

Crypto is more in step with Asia’s equities, IMF says

Sequoia Interview with Hassabis: Information is the Essence of the Universe, AI Will Open Up a New Branch of Science

Arthur Hayes' Latest In-Depth Article: Forget Wars and Inflation, the AI Bubble Is the Biggest Opportunity

XRP Price Outlook: XRP Pushes Toward $5, but This Low-Cap Token Could Explode 9,800% First

Why Analysts Are Pointing to a 50×–75× Return Range for Ozak AI as One of the Strongest Early AI Crypto Setups

Casper Network Publishes the Casper Manifest, a Multi-Year Roadmap to Power Regulated Real-World Assets and the Machine Economy

Top 3 Meme Coins To Watch Now, With One New Token Leading the 15,000% Growth Narrative

BingX Launches EventX, Turning Real-World Events Into Tradable Assets

Stablecoin yield ban emerges as flashpoint in new U.S. crypto bill

Banking Africa: Cantor8 Moves Deeper Into Africa’s Mobile Money Sector via Yiksi Limited

Forget XRP, Market Expert Reveals The Real Winners If The CLARITY Act Is Passed

Crypto is more in step with Asia’s equities, IMF says

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

Related Articles

All Comments0LatestHot

Trending Topics

Related Articles