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>People are fleeing stocks (including cryptocurrencies) to hold USD. People have been doing that for a year now. It's not new. It didn't start happening becaus
by senttoschool 4y ago
>People are fleeing stocks (including cryptocurrencies) to hold USD.
People have been doing that for a year now. It's not new. It didn't start happening because of SI and SVB.
- extheat 4y agoYes, it’s not new, but big fluctuations between day to day can be big news. Until recently actually the stock markets have been doing pretty good YTD.
- senttoschool 4y agoCrypto market is affected by the following in order of biggest impact to least: 1. Crypto events such as collapse of an exchange 2. Fed interest rates 3. Nasdaq (more than S&P500 and Dow).