On February 28, large-cap traders in the cryptocurrency market are now more cautious about the correlation between the stock market and bitcoin, 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.
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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