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Yeah because the fed is hiking rates due to crypto causing inflation? Or it was crypto that was used for extreme QE? Or was it crypto that caused companies to i
by throwaway743 4y ago
Yeah because the fed is hiking rates due to crypto causing inflation? Or it was crypto that was used for extreme QE? Or was it crypto that caused companies to inflate their stock values via buybacks?
Not to mention crypto marketcap and volume is a drop in the bucket compared to securities.
- xtracto 4y agoCrypto marketcap is a huge lie.
- throwaway743 4y agoThe point being, regardless of whether or not the crypto marketcap is a lie or not, is that it pales in comparison to the marketcap of securities. Meaning, the crypto market has little to no weight in influencing traditional markets.