Rotation Within Coindesk Market Index Sectors Bears Similarities to Tradfi Trend

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

As investors in crypto and traditional finance alike run for cover, one form of analysis finds that bitcoin $BTC and healthcare stocks fit in the same risk bucket, writes GWilliamsJr_CMT

Defensive sectors such as consumer staples, healthcare and utilities lead the S&P 500 currently. The more speculative consumer discretionary and technology sectors are lagging and weakening versus the benchmark.

For those who prefer traditional equities, that translates to utilities, healthcare, and consumer staples. For those who prefer traditional assets, the assets of choice are bitcoin and ether.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

GWilliamsJr_CMT I have been seeing good results about him everywhere and a lot of people keep saying to reach out to him. I eventually did and it turns out profitable. If you aren't following Anthonibit you should be. I have added decently to my holdings.

GWilliamsJr_CMT btc is a drug to your heart

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines