Surging crypto rallies and the coronavirus scare — the two phenomena seem to be closely related, according to many. But this particular correlation is not necessarily translating to causation, at least according to some experts.
Mati Greenspan, the founder of Quantum Economics, offered his insights regarding the apparent connections between the two events. “So far, I don’t see any direct correlation between the coronavirus and crypto prices.” Instead, Greenspan pointed to the current altcoin rally as an indicator of a growing appetite for higher-risk investments:
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