Is Crypto Still an Independent Asset? New Research
Is Crypto Still an Independent Asset? New Research Sheds Light
A new academic study published on SSRN explores whether cryptocurrencies are still independent alternative assets or have they become increasingly integrated with traditional financial markets. The research looks at how big cryptos, gold, oil, stocks, and the dollar interact, especially in terms of how market shocks and volatility move from one asset group to another.
Since 2024, more institutions have entered crypto than ever via ETFs, corporate treasury strategies, tokenization projects, and traditional banks. As a result, many now think cryptocurrencies are no longer operating in isolation. SSRN researchers say that different asset classes become more linked during market turmoil, so big economic events can now move crypto just like they move stocks, oil, gold, and currencies.
Crypto Is No Longer Living in Its Own World
One of the main takeaways from the study is that cryptocurrencies appear to be behaving less like isolated speculative assets and more like part of the wider global financial system.
During the last few months of the Middle Eastern conflict and oil prices surging, Bitcoin (and many others) fell sharply despite no major crypto‑specific negative catalyst. Most blamed the drop on a general risk‑off mood in global markets, rather than anything happening within the Bitcoin ecosystem itself.
On top of that, with the announcement of a peace deal between the US and Iran, the whole crypto market experienced gains. All of the top cryptocurrencies saw a price increase. For instance, Ethereum, Solana, Cardano, and XRP had a roughly 10% increase in the last 24 hours, while some like Zcash saw an even bigger boost, over 25%.#HTX Creation Challenge — Post and Win 1,500U 💥 #2026 World Cup Posting Challenge on HTX Square #HTX Creation Challenge — Post and Win 1,500U 💥 #2026 World Cup Posting Challenge on HTX Square
Tutti i commenti0RecentePopolare