The bank noted that other risk assets have also been weak over this period, but crypto has underperformed since the post-nonfarm payrolls (NFP) rebound, on a volatility-adjusted basis. Nonfarm payrolls is a U.S. employment report usually published on the first Friday of every month.
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Will Canny
https://www.coindesk.com/markets/2024/08/27/crypto-market-has-struggled-since-spot-ether-etfs-started-trading-citi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-08-27 08:49:25