On February 5th, according to CoinDesk, Citibank's latest research report pointed out that as the cryptocurrency market matures, the investor base expands, and technology advances, its correlation with the stock market will gradually decrease. The report shows that in 2024, cryptocurrency is the only asset class with a continuously increasing market value as a percentage of US stocks. Analyst Alex Saunders stated that the increasingly transparent regulatory framework in the United States will encourage cryptocurrency assets to form more independent trends, while Bitcoin volatility is expected to decline in the long term as institutional investor participation increases. Citigroup also suggests paying attention to the correlation between Bitcoin and gold, believing that this may indicate the development of its stored value properties.
