Crypto Sell Off

[GRIM]

Bitcoin Dips Below $50K as Investors Flee Risk Assets

Ether slumped by the most since May 2021.

www.coindesk.com

 

[kragon]

Bitcoin Dips Below $50K as Investors Flee Risk Assets

Ether slumped by the most since May 2021.

www.coindesk.com

View attachment 48286

GRIMIll say one thing.. im NOT happy with the direction of crypto, specifically BTC and ETH .. they are now intrinsically tied to the stock market... too many fund managers pulling it into stock market bs. It used to be crypto was like gold and people could use it as a hedge against the market. Now it can no longer be used like that because of asshats now deciding to all sell and buy at the same time as stocks and bonds.

 

[GRIM]

always gonna be volatile, rebounding last few days thankfully