I think it is great that you don't sugarcoat the worst case scenario. However I believe we will see another V shaped recovery for the world economy including cryptos. Ofc the question is how and when the crisis will end, but the recovery normally starts long before the actual end of the crisis. It also seems weird that Cryptos are dropping when they present a neutral third party in a financially divided world.
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exactly, it doesn't make sense on a logical/fundamental level. But I guess the reason is that now large institutions are involved which means that the sharks will play be the legacy market rules. Also people generally follow the trend...
They are becoming surprisingly correlated.
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