Bitcoin and Crypto Lagging Gold and Stocks is Normal, Says New Research
Key points:
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Bitcoin and altcoins are lagging gold and stocks when it comes to new all-time highs.
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Research suggests that liquidity patterns are partly to blame as traders withdraw stablecoins.
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History shows that traditional risk assets need to “cool” before crypto surges.
Bitcoin (BTC) is dropping as crypto markets fail to copy gold and stocks — is the bull market over?
New research from onchain analytics platform CryptoQuant shares four key reasons why Bitcoin and altcoins are “red” — Fed rate cuts, stablecoin reserves, leveraged traders and historical norms.
Crypto still at “end of liquidity pipeline”
Bitcoin has become “stuck” recently as liquidity games keep bulls away from challenging all-time highs.
At the same time,…
