Cost Of Living Crisis

[Organ Morgan.]

Looking at the carnage in stock markets today I think we may have entered a new stage of the collapse. Bitcoin hit an all-time high of $68k last November, today it's at $23k having bombed 12% during the past 24 hours.

[lardy]

Looking at the carnage in stock markets today I think we may have entered a new stage of the collapse. Bitcoin hit an all-time high of $68k last November, today it's at $23k having bombed 12% during the past 24 hours.

Bitcoin isn't the stock market.

FTSE today, down 1.5%. Down 2.8% over the last month. Down 0.3% over the last 6 months.

It's a bear market. This is nothing compared to march 2020.

Not good, but also hardly the end of civilisation.

[Eric Cartman]

Bitcoin isn't the stock market.

FTSE today, down 1.5%. Down 2.8% over the last month. Down 0.3% over the last 6 months.

It's a bear market. This is nothing compared to march 2020.

Not good, but also hardly the end of civilisation.

Bitcoin falling like a stone is a general sign that investors are de-risking. But it is also the most manipulated asset/market in the history of planet earth too so it's hard to use it as a guide to anything.