3 ms·
Crypto is crashing, but so is everything else. Gold is down 8% in the last month. Silver is down 20%. Virtually all stock exchanges are down 15% or more. Bonds
by incomingpain 4y ago
Crypto is crashing, but so is everything else. Gold is down 8% in the last month. Silver is down 20%. Virtually all stock exchanges are down 15% or more. Bonds are still losing money in real yields.
This is all happening at a time of high inflation and so the measurement of that crash isn't even net of inflation. Gold is actually down 16%. Stock exchanges are actually down >20%.
Crypto crashing isn't a factor at all, this is global economics collapsing.
Oil is way up. Food is way up. Fertilizers are way up. Looks like major military mobilizations are happening to me.