Cryptos Recover from Drop After Fed Rate Hike; Expect Higher Volatility

Generally, altcoins outperform during bull markets because they have a greater risk profile relative to bitcoin. And during down markets, bitcoin outperforms as investors reduce their exposure to risk. So, when correlations are high, there is less opportunity to reduce volatility in a crypto portfolio, which is why some traders have remained on the sidelines.

Source: https://www.coindesk.com/markets/2022/03/16/market-wrap-cryptos-recover-from-drop-after-fed-rate-hike-expect-higher-volatility/?utm_medium=referral&utm_source=rss&utm_campaign=headlines