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FalconX analyst: Correlation between cryptocurrency prices and risk asset index may remain high for some time

FalconX research director David Lawant said that the correlation between cryptocurrency prices and broad risk asset indices has been on the rise and is likely to remain high for some time. A lower interest rate cycle coupled with a soft landing is currently the base case for most investors and will create a new macro environment for cryptocurrencies, with favorable election results and a more risk-friendly liquidity environment that could kick off the next cryptocurrency bull market. (TheBlock)