Convergence Conundrum: Market Participants Misunderstand Cryptocurrency Price Movement

CoinDesk journalist suggests that market participants are misunderstanding the concept of convergence in cryptocurrencies. The term refers to the idea that different asset prices will move in tandem with one another, often as a result of increased correlation between them.

According to the journalist, many people have the convergence backwards, expecting prices to diverge instead of converge. This could be due to a lack of understanding of the concept or a misunderstanding of market trends.

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