Some people are worried that the good performance of the A-share market will withdraw funds from the cryptocurrency circle, leading to a decline.
This worry is completely unnecessary. There will definitely be funds withdrawn from the cryptocurrency circle to the A-share market. Funds are constantly flowing. Wherever the profit effect is large, funds will flow there.
However, at present, as far as Bitcoin is concerned, the pricing power is completely controlled by Europe and the United States. Compared with the behemoths such as US stocks and A-shares, the market value of Bitcoin is relatively small, and the market value of the cryptocurrency circle is also still small.
So the funds withdrawn are nothing at all, and the 7X24 and T+0 non-stop trading mode of the cryptocurrency circle, as well as the lack of price limits, are much more enjoyable than A-shares.
