Cryptoverse: Adieu to the year that saw the collapse of bitcoin
According to CoinShares, crypto funds saw net inflows of $498 million in 2022 as opposed to $9.1 billion in 2021.
Cryptoverse
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Cryptoverse: Will it soar or sag? $30,000 or $5,000? Use the bitcoin roulette wheel
At its final meeting of the year on Wednesday, the Federal Reserve may be more hawkish than anticipated, which may further reduce risk appetite and hurt bitcoin's chances.
Bitcoin wants to sever its ties to equities, according to the cryptoverse
Last week saw a decline in its 30-day correlation with the Nasdaq to 0.26, the lowest level since early January. A value of 1 suggests that the two assets are moving together.