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Cryptocurrencies Tumble As Global Investors Reduce Risk
New submitter NoMoreDupes shares a report from CoinDesk: The crypto market was in a sea of red on Friday as bitcoin, the world's largest cryptocurrency by market capitalization, tumbled more than 10% over the past 24 hours. It appears that global investors have entered the year with a reduced appetite for risk, and so the correlations between speculative assets su ... ⌘ Read more
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Cryptocurrencies were not the only ones “tumbling” (that sounds a bit sensationalist, but it is the click bait modus operandi). The S&P500 also fell, together with others. My stocks/funds took a -/+ $10,000 dive today. I guess it is the nature of the beast.