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2022 was an unprecedented year for digital assets, with major headwinds and severe idiosyncratic events dictating the narratives of the industry, including the collapse of Terra Luna, FTX and more.
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<p><span>Both traditional and crypto markets had positive movements in March. Bitcoin and stock indices moved very tightly this month, with returns of 5.4%, 5.2%, and 5.1% for BTC, S&P500 and Nasdaq, respectively.</span></p>
<p><span>Both traditional and crypto markets had mixed movements in February. Interestingly, the relationship between equities and crypto markets, which have been strongly correlated over the last few months, looked to decouple as most digital assets recorded positive returns in February, whilst equity indices experienced a decline in February. </span></p>