Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
I noticed an interesting thing in the market – cryptocurrencies are now moving almost in sync with Nasdaq. Previously, Bitcoin was a more independent asset, but now there's this positive correlation. It seems that investors have started to perceive cryptocurrencies as part of the technology sector.
Overall, the entire risk-on segment is under pressure now. Tech stocks are falling, gold is also losing ground, and cryptocurrencies are following the same trend. In the past, gold and crypto often moved in different directions, but now they are increasingly connected by overall market dynamics.
If this correlation persists, cryptocurrencies will become less attractive as a portfolio diversification tool. It’s interesting to see how long this will last – maybe a temporary effect against the backdrop of current economic conditions.