Quote:
Originally Posted by Enoch Root
it's not a boom bust stock market though, other than with tech, and fringe tech in particular (including crypto), the market has been pretty normal, and not particularly volatile over the last couple years.
|
I'm using it analogously.
If the crypto markets and stock markets were closely tied, the the crypto markets likely shouldn't even exist because that means they've become entirely controlled by the same funds, investors and market makers as TradFi.
It's unfortunately been trending that way, but as the last couple month have shown, the high risk of CeFi and DeFi had things break off quickly.