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Bitcoin traded around $86,000 at the Asia open on Tuesday, as a sharp slide in cryptocurrencies and a global bond selloff kept traders defensive and capped gains in regional stocks.The world’s largest cryptocurrency remains a key barometer of risk appetite, and sentiment turned fragile after it slumped more than 5% …

As bitcoin’s (BTC-USD) slump extends into December’s first trading session, the crypto asset’s sell-off is dragging crypto-exposed stocks lower with it. Clear Street Managing Director and Senior Analyst Owen Lau explains the correlation between cryptocurrencies and related crypto equities amid persistent volatility. To watch more expert insights and analysis on the latest