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...
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And the moment COIN broke its opening print, US equity markets appeared to puke...
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Is this really the market now? ...as goes COIN, so goes US stocks?
Bitcoin also legged lower...
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no reaction in bonds or the dollar.
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"Interesting" news, but not even a guess at WHY?? it happened? In the real world things seldom happen for no reason.