Analysis: Crypto Valuations Owe Much to Investor Fear and Greed — Just Like With Stocks

The end of 2017, just a couple of months ago, was a watershed moment for the virtual currency markets.

The unprecedented appreciation of Bitcoin and other virtual currencies helped fuel the appetite for initial coin offerings, fundraising vehicles for new, untested coins.

Though the direction of the cryptocurrency markets has not been influenced directly by movements in the stock market, recent turmoil in the crypto markets seems to indicate that Bitcoin and its peers are not as immune to stock market movements as originally thought.

Leave a Reply