Is the allure of cryptocurrency fading?

By Phillip Molnar

Technology
Sunday, 23 Jan 2022
11:00 AM MYT

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Bitcoin dropped to a three-month low recently and its movement has closely mirrored financial markets in its decline.

Bitcoin bulls often describe it as an asset that is uncorrelated to traditional financial markets, CNBC reported, however experts have noticed growing parallels in the price movements of bitcoin and stocks.

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Cryptocurrency Technology Internet

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
ZETRIX	0.910	0.915	0.800	0.835	-0.075	-8.24	2,561,401
HSI-CWGX	0.225	0.245	0.220	0.230	0.000	0.00	1,817,213
HSI-PWHV	0.175	0.175	0.155	0.170	-0.015	-8.11	1,189,454
HSI-CWGS	0.115	0.130	0.115	0.120	0.000	0.00	759,837
EKOVEST	0.405	0.445	0.405	0.440	0.040	10.00	737,603
HSI-CWGI	0.155	0.160	0.145	0.150	-0.005	-3.23	539,866
NEXG	0.525	0.535	0.525	0.530	0.005	0.95	499,359
HSI-PWH2	0.145	0.150	0.140	0.140	-0.020	-12.50	483,229
HSI-PWJF	0.140	0.140	0.125	0.135	-0.010	-6.90	482,653
RHONEMA-WA	0.080	0.085	0.060	0.065	0.015	30.00	465,866
TANCO	0.915	0.930	0.915	0.925	0.010	1.09	444,110
DNEX-WE	0.110	0.115	0.090	0.100	0.005	5.26	438,791
HSI-PWHI	0.195	0.195	0.175	0.180	-0.025	-12.20	430,084
YTL	2.550	2.620	2.450	2.450	-0.030	-1.21	313,332
CMSB	1.390	1.400	1.220	1.240	-0.150	-10.79	279,215

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HONOURING 30 YEARS OF EXTRAORDINARY MALAYSIANS

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