Loading ...Trying to breach sub $80K. That’s well over 20% off the highs. Is it possible that bitcoin is in a new bear market? Or are the crypto players about to find out they’ve been duped and all of them are going to zero? Hate to be the last guy out.
Contrast that with gold and silver. Gold is what 3% off the all-time highs? Silver is silver, off recent highs by about 6% or so.
The only thing that makes this sector look bad is the disaster known as pm shares. SNG is right about the computers and their complete control over the sector. Until they flip the switch, and some actual liquidity comes into the arena as the Captain mentioned, the ugliness of the shares will continue unabated. Just the reality we live in.
Dollar flat. Rates down a few bips. SM trying to bounce. Oil down 1%
There’s some potential market moving eco data out this am but it’s Friday they can do pretty much whatever they want.