While bitcoin has tanked 63% this year, crypto stocks, often seen as a proxy for digital assets, have suffered bigger losses. Christine Lee presents the Chart of the Day.
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets.
Cryptocurrencies are trading in sync following the collapse of Sam Bankman-Fried's FTX exchange while U.S. stocks remain unfazed. Arca CIO Jeff Dorman discusses the collateral...