Bit Digital - Sponsor Image Bit Digital - ETH treasury combining ETH staking with AI compute. Friend & Sponsor Learn more

Things Are Not Fine

Crypto is hurting. So is everything else. Is it time to turn bearish?
Things Are Not Fine
4
0

Subscribe to Bankless or sign in

Last week, you could have been forgiven for taking a rosy outlook on markets, but this morning, investors around the globe have found themselves gripped with panic, leading many bulls to reassess their prior convictions.

Is it time to alter yours?

Ethereum lost nearly one-third of its value on Sunday, running stops from $2.9k all the way down to just $2.1k. In TradFi markets, Japan’s TOPIX banking index plunged as much as 13% and America’s tech-heavy Nasdaq 100 index opened cash trading down 5.4% from its Friday close, its largest gap down since COVID.

Abonnez-vous gratuitement pour continuer à lire

  • Soutenez le mouvement Bankless
  • Accès à des milliers d’articles
  • Archive complète des épisodes Bankless
  • Lancez-vous dans des quêtes gratuites sur Airdrop Hunter
  • De l’alpha quotidien dans votre boîte mail

Déjà abonné ? Se connecter


4
0
Jack Inabinet

Written by Jack Inabinet

498 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

No Responses
Rechercher sur Bankless