- Bloomberg Intelligence said the cryptocurrency market could be vulnerable because of its high correlation with the stock market and greater volatility.
- Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said the cryptocurrency market is in what he called a "Catch-22."
- He said cryptocurrencies could post deeper losses if stocks fall, while high volatility could remain a burden even when equities rise.
Bloomberg Intelligence Says Crypto Faces a 'Catch-22' on Tight Correlation With Stocks
The cryptocurrency market may be vulnerable regardless of the direction of stocks because it is highly correlated with equities while also being more volatile, according to Bloomberg Intelligence.
en.bloomingbit.io
Publisher
Sep 20, 2026 at 1:44 PM UTC · Updated há 2 dias · 1 min de leitura
Forecast Trend Report by Period
The cryptocurrency market may be vulnerable regardless of the direction of stocks because it is highly correlated with equities while also being more volatile, according to Bloomberg Intelligence.
On September 20, Mike McGlone, Bloomberg Intelligence's senior commodity strategist, said the crypto market was in what he described as a "Catch-22."
He cited crypto's strong correlation with stocks, along with its greater volatility, as a key risk.
As a result, cryptocurrencies could suffer steeper losses if equities fall. Even if stocks rise, high volatility could still weigh on the market.
Sourced by
Originally reported by en.bloomingbit.io
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Article Intelligence
Topics
Sponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
