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risk-on
Demand for Crypto Remains Low Amid Rising Credit Card Default Rates
U.S. citizens continue to fall behind on their credit card and consumer loans. The mounting pile of debt and loans could imply low demand and interest in investing in risk-on assets like cryptocurrencies. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
What Bitcoin’s Inflation Hedge Narrative Needs: More Time
Whether or not Bitcoin and other cryptocurrencies are long-term inflation hedges and a store of value or simply a “risk-on” speculative assets preferred in times when bond yields are unattractive is yet to be perfectly understood.
Bitcoin Correlation to Both Risk-on and Risk-off Assets Rose in September
Bitcoin (BTC) has been trading within a $600 range while the token’s correlation with both risk-on and risk-off assets rose in September, according to Kraken Intelligence. Plus, insights on the quiet BTC whale activities in the past month. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
