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The move in crypto is tied to the move in the markets. The SP500 has much more to fall yet.
by adsfasdfsad111 9y ago
The move in crypto is tied to the move in the markets.
The SP500 has much more to fall yet.
- rmrm 9y agoI think it has always been a reasonable assumption that a fall in the real economy would cause cryptos to fall. Play money gets liquidated first when real money (in 401k and stocks) evaporates. And the lack of liquidity in cryptos would cause it to fall faster.