Reported 12 months ago
Bitcoin is stabilizing after recent volatility and Ethereum gains post-spot ether ETF approval. IDI Advisors' CIO Ben McMillan discusses Bitcoin's positive correlation to stocks, indicating it's here to stay around 0.6. He advises investors to factor in this correlation when managing portfolios. Additionally, insights on upcoming catalysts like spot Ethereum ETFs, Peter Thiel's cautious comments on Bitcoin's price rise, and the growing influence of crypto in the presidential election are shared.
Source: YAHOO