Elon is lucky crypto isnt regulated, if it was, sec would be knocking on his door as we speak

'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment

What does a weekend meltdown in bitcoin prices portend for U.S. stocks?Bitcoin is supposed to be an asset that isn't highly correlated with equity markets, or any other traditional asset for that matter, but some analysts have pointed out that the cryptocurrency has traded in closer step with parts of the market amid the recent turbulence in equities as investors attempt to assess the most effective strategies for playing an economy recovering from the worst pandemic in more than a century.In a
'Bitcoin is melting.' Here's what a 30% drop from highs in the crypto may say about stock-market risk sentiment

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • Vincewjs
    ·2021-05-17
    that's right...EV producing company dealing with BTC...innovative but somewhat it leaves people scratching their heads
    Reply
    Report