Bitcoin and Ethereum are barely moving this Tuesday, yet the stocks built around them are crashing open sharply lower. A shock from an unexpected corner of the market explains why crypto equities are suddenly trading as if the coins themselves…
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Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) sit essentially flat this Tuesday morning, yet the equities tied to them are opening sharply lower. It’s the second consecutive session in which crypto stocks have traded independently of the coins they typically shadow, and this time the move runs to the downside rather than higher.
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