Is Crypto Converging With Public Markets?

Between bitcoin treasury holdings growing and crypto-focused SPACs, private crypto markets and public equities markets are closer than ever.

Today on the Brief:

  • Initial jobless claims rise to highest level since August
  • BTC as a DeFi reserve asset
  • Twitter reactions as Filecoin goes live

Our main discussion focuses on the convergence of the crypto and public markets. NLW looks at:

  • Narratives of bitcoin’s correlations to stocks
  • Growing overlap of retail and institutional traders
  • SPACs and public crypto companies 
  • Bitcoin treasuries 
  • Geopolitical intrigue around ANT Financial
Disclosure

https://www.coindesk.com/crypto-converging-public-markets

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