US Equity Markets Tumble As COIN Breaks Below Opening Price

Having surged from an open at $381 to almost $430, COIN has tumbled back to $375...

(Click on image to enlarge)

And the moment COIN broke its opening print, US equity markets appeared to puke...

(Click on image to enlarge)

Is this really the market now? goes COIN, so goes US stocks?

Bitcoin also legged lower...

(Click on image to enlarge)

no reaction in bonds or the dollar.

Disclaimer: Copyright ©2009-2021 Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
William K. 2 weeks ago Member's comment

"Interesting" news, but not even a guess at WHY?? it happened? In the real world things seldom happen for no reason.