The new study has delved into cryptocurrency prices, particularly bitcoin, revealing that markets are significantly influenced by both conventional financial factors and crypto-specific factors.by Austin Adams from Uniswap Labs, Markus Ibert from the Copenhagen Business School Department of Finance, and Gordon Liao from Circle Internet Financial was published earlier this week.
The crypto contagion caused by the collapse of the Terra/Luna ecosystem and FTX later in the year also contributed to that big bear market.
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