Rally

<ul class="wp-block-list news-points">
 <li><strong>Chinese crypto investors are rushing to sell their digital assets.</strong></li>
 <li><strong>Investors in China are selling crypto to take advantage of rising equity prices.</strong></li>
 <li><strong>CSI 300 index notched its highest annualized 60-day volatility since 2016 last week.</strong></li>
</ul>
<p>According to Kaiko Research, Chinese crypto investors are selling their digital assets to take advantage of rising equity prices. The analysis platform reported on X that the Chinese stock market is experiencing its highest volatility in nearly a decade.</p>
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   <p lang="en" dir="ltr">China’s stock market is experiencing its highest volatility in nearly a decade. <br><br>The <a href="https://twitter.com/search?q=%24CSI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$CSI</a> 300 index notched its highest annualized 60-day volatility since 2016 last week. Bringing it close to levels more typically associated with <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://t.co/NtCmRgAXcc" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/NtCmRgAXcc</a></p>— Kaiko (@KaikoData) <a href="https://twitter.com/KaikoData/status/1846862376353620200?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 17, 2024</a>
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<p>Kaiko noted that the CSI 300 index reached its highest annualized 60-day volatility since 2016 last week, reaching levels comparable to Bitcoin. A comparison of BTC and the CSI shows their volatility values converging, with Bitcoin’s volatility declining as the CSI’s rises.</p>
<p>Meanwhile, a more detailed analysis by Kaiko reveals a concentration of trading volume during Asia-Pacifi…</p>
<p>The post <a href="https://coinedition.com/chinas-stock-rally-takes-a-toll-on-its-crypto-market/" rel="noopener noreferrer nofollow">China’s Stock Rally Takes a Toll on its Crypto Market</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

China’s Stock Rally Takes a Toll on its Crypto Market

Coin Edition

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