IMF says crypto prices correlation with stocks poses new risks to financial stability

The International Monetary Fund (IMF) has stated that crypto’s increasing correlation with equity markets will pose new risks to financial stability. The IMF disclosed this in a blog post titled, ‘Crypto Prices Move More in Sync With Stocks, Posing New Risks’. Before the pandemic, crypto-assets like Bitcoin and Ether had a minimal association with major … Continue reading IMF says crypto prices correlation with stocks poses new risks to financial stability