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Cryptocurrencies Trade in Sync After FTX Collapse – Just Not With Stocks

The market contagion from FTX spread rapidly in crypto, sending the 162-asset CoinDesk Market Index (CMI) down about 18% so far in November. An analysis of CMI and its six sector indexes shows how correlations surged among the various digital assets from Nov. 7 to Nov. 11. (Coindesk)

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