Stock Market took a huge dive, Cryptocurrency follows
Nikola Roginic
Market
4 years ago
1 QCP
Global economy has been shaken by what seems to be a pandemic of Coronavirus.
Is Coronavirus really the cause of this? It's hard to know, but at this moment we know for sure, people are in panic.
As of today, March 9th, 2020:
Stocks Index Dow Jones is down by $2000 (-8%)
Cryptocurrency Market cap is down by $18B (-7,8%)
The percentages are pretty similar which indicates that there might be a correlation between the two.
It's obvious there is panic, not just on streets but on the market as well.
Is this a sign to be worried or a sign to buy?
There is a famous quote from Baron Rothschild
"Buy when there's blood in the streets, even if the blood is yours"
Is Coronavirus really the cause of this? It's hard to know, but at this moment we know for sure, people are in panic.
As of today, March 9th, 2020:
Stocks Index Dow Jones is down by $2000 (-8%)
Cryptocurrency Market cap is down by $18B (-7,8%)
The percentages are pretty similar which indicates that there might be a correlation between the two.
It's obvious there is panic, not just on streets but on the market as well.
Is this a sign to be worried or a sign to buy?
There is a famous quote from Baron Rothschild
"Buy when there's blood in the streets, even if the blood is yours"
- Stocks
- Cryptocurrency news
- Coronavirus
- Cryptocurrency
- Bitcoin
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