As investors in crypto and traditional finance alike run for cover, one form of analysis finds that bitcoin $BTC and healthcare stocks fit in the same risk bucket, writes GWilliamsJr_CMT
Defensive sectors such as consumer staples, healthcare and utilities lead the S&P 500 currently. The more speculative consumer discretionary and technology sectors are lagging and weakening versus the benchmark.
For those who prefer traditional equities, that translates to utilities, healthcare, and consumer staples. For those who prefer traditional assets, the assets of choice are bitcoin and ether.
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