The four horsemen of the apocalypse are riding roughshod over Bitcoin… and the no-coiners are cheering. I'll break down the FUD, separate facts from fiction, and explain what set all this off.
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- Japan's stock market, the Nikkei 225, is currently set to post its largest 2-day drop in history.
- The Bank of Japan (BoJ) is caught between tightening monetary policies, risking a collapse of the carry trade, or maintaining low rates, which threatens financial stability.
- Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia
- Treasuries Surge as Traders Bet on Emergency Fed Rate Cut
- Schwab, Fidelity resolve temporary disruptions on frenetic trading day
- Are Banks Sweeping Dud Property Loans Under the Rug? - WSJ
- Biden's Treasury accused of trying to juice U.S. economy pre-election
- Schwab, Fidelity resolve temporary disruptions on frenetic trading day
- The Japanese Yen has retraced an entire year's worth of price action in just 26 days.
- Dow tumbles 1,000 points, S&P 500 posts worst day since 2022
- Wharton's Jeremy Siegel says Fed needs to make an emergency rate cut
- Carry trades: A major unwinding is underway amid a stock sell-off
- The Reason Behind Bitcoin's Price Crash: Arthur Hayes Speculates
- Bitcoin Crash Wipes Out 18% Of Profitable Investors In 24 Hours - BitcoinWorld
- Bitcoin Falls Below $53K, Wiping Out $600M in Leveraged Longs - Co… *