Binance Research: Concentration of U.S. equity market funds may suppress Bitcoin’s performance; historically, corrections have followed fund reallocations.

Binance Research stated in a report that the recent weakness in the crypto market may not stem from crypto assets themselves, but rather from the high concentration of capital in U.S. equities. It noted that the CBOE Dissemination Index has risen to 42—the third-highest level on record—indicating that capital within the S&P 500 Index is heavily concentrated in a few popular themes, thereby marginalizing Bitcoin.