Loading ...Down 5K to $23.9K. The minute they created exchanges / futures for Bitcoin, they took control of the price action just like with pm’s.
Remember when they said Bitcoin was a hedge against inflation?
Bonds getting obliterated, 10 yr. up to 3.25%. USD up .5%. Yield curve inverted even further. Pretty bloody day as of now, commodities down across the board.
I expected the SM to crater today but thought gold might hold up. I think there’s a fair chance gold rallies back during the SM session. Otherwise, Friday was all for naught.