What are risk assets? #Cryptocurrency
Risk assets = assets with high price volatility, significantly affected by sentiment/economy/geopolitics, and prone to sharp declines during panic.
Main risk assets during the recent US-Iran conflict plunge:
1. Global stock markets
US stocks, A-shares, Hong Kong stocks, and European stocks all weakened, especially technology/growth stocks with larger declines.
2. Cryptocurrencies
Bitcoin, Ethereum, and others are high-risk speculative assets that experience large drops during panic when funds withdraw.
3. High-yield bonds/credit bonds
Corporate bonds, junk
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