Is Crypto Converging With Public Markets?

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Initial jobless claims rise to highest level since August</span></li> <li style="font-weight: 400;"><a href= "http://coindesk.com/price/bitcoin"><span style= "font-weight: 400;">BTC</span></a> <span style= "font-weight: 400;">as a DeFi reserve asset</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Twitter reactions as Filecoin goes live</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion focuses on the convergence of the crypto and public markets. NLW looks at:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Narratives of bitcoin’s correlations to stocks</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Growing overlap of retail and institutional traders</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">SPACs and public crypto companies </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Bitcoin treasuries </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Geopolitical intrigue around ANT Financial</span></li> </ul>