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Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to Tighten

Cryptocurrency’s usage as a payment vehicle/exchange of value is what should drive its valuation in the long run. However, the market has been trading most cryptocurrencies like speculative risk assets, as evidenced by the correlation between bitcoin and equity markets in the last six months, the report said. Source

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Morgan Stanley exec says this demographic prefers Bitcoin over gold

According to a Morgan Stanley executive, the young and adventurous usually go for crypto, while older investors stick to more traditional assets.In a Sept. 8 interview with CNN anchor Julia Chatterley, Morgan Stanley’s head of emerging markets and chief global strategist Ruchir Sharma stated that the generational divide when it

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