On February 28, large-cap traders in the cryptocurrency market are now more cautious about the correlation between the stock market and bitcoin BTC -0.01%, and are basically on the sidelines.
According to data from trading platform iVest Plus, the volume of large BTC transactions over $100,000 fell by about 50% last week compared to the previous week.
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Overall, the crypto industry is starting to move with the U.S. securities market, but market volatility shows little sign of slowing, said Rance Maseck, CEO of the platform.
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