‘Return Correlations of BTC, Indian Stock Markets Have Risen Ten-Fold’: IMF

‘Return Correlations of BTC, Indian Stock Markets Have Risen Ten-Fold’: IMF

ByNews Polite

Despite the prevailing regulatory uncertainty in India, the crypto industry seems to have collected a fandom. As per the International Monetary Fund (IMF), the return correlations of Bitcoin and the Indian stock market have increased ten-fold in the post-pandemic world. This is indicative of the limited risk diversification benefits of…