Garrett Jin, representing ‘1011 Insider Whale,’ clarified that the recent decline in Ethereum cannot strictly be linked to the Greenland incident. The downturn was primarily driven by sector rotations within the tech market, especially AI-related stocks.
Additionally, the global bond market’s fluctuations were key drivers affecting asset prices, with the US stock market seeing a shift due to unrest primarily from sector-specific changes and not macroeconomic fears.
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