Bitcoin's collapse has piqued investors' interest! Expert: This is a warning of “future trouble” in financial markets

Bitcoin's collapse has piqued the interest of investors, who believe that large swings in this digital token may be a precursor to broader changes in risk appetite in the global market. Charlie Morris, chief investment officer at ByteTree Asset Management, wrote in a report: “Bitcoin is our favorite canary. This is a warning of future trouble for financial markets, but we are confident it will rebound at some point.”

FX168May 2 13:10

Bitcoin's plunge raises concerns or heralds changes in risk appetite in global markets

Glonghui, May 2 | Bitcoin's sharp decline has aroused investors' interest. They believe that Bitcoin's sharp fluctuations may be a precursor to a wider change in risk appetite in the global market. Following a sharp drop of nearly 16% in April, Bitcoin has dropped about 4% over the past two days, the biggest monthly decline since the FTX exchange crashed in November 2022. Some investors are looking for clues in Bitcoin transactions that could impact the liquidity dynamics of other assets. Bitcoin prices have declined over the past few weeks as the Federal Reserve hinted that interest rates would stay high for a longer period of time. This statement from the Federal Reserve boosted

Gelonghui FinanceMay 2 11:39

Express News | The initial launch scale of the Huaxia Bitcoin ETF and the Huaxia Ether ETF was HK$950 million and HK$160 million respectively

BreakingsApr 30 14:18