Bitcoin is ‘integral part of digital asset revolution’, says IMF
IMF economist Tara Iyer said that "Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution", adding this transition comes along with financial stability concerns.
In absolute terms, the overspills from Bitcoin to global equity markets are significant, explaining about 14% to 18% of the variation in equity price volatility and eight to 10% of the variation in equity returns.
