Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System

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Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System

The analysts said they saw no apparent “lead effect” from bitcoin to S&P 500 index futures. The recent weakness in bitcoin and equities appears “contemporaneous,” according to the report. Still, given the existing poor sentiment in equities, the fall in crypto markets doesn’t help, it said. www.coindesk.com

The analysts said they saw no apparent “lead effect” from bitcoin to S&P 500 index futures. The recent weakness in bitcoin and equities appears “contemporaneous,” according to the report. Still, given the existing poor sentiment in equities, the fall in crypto markets doesn’t help, it said.

www.coindesk.com