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RE: Lockstep Cryptos

in #bitcoin7 years ago

Yeah I noticed the same thing earlier today but today has been bloody across the board especially for the Dow Jones, I think (my opinion) these movement's origins aren't from the crypto space per say but are the effect on the crypto space from outside actors.

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It's been quite a sell off for all kinds of investment instruments, especially the last 24 hours or so, hasn't it? 2.5% drop for the Dow, Bitcoin falling below 9,000. And yet, if you look at where everything was six months ago, there's still a lot of amazing gains. Bitcoin was at 2,728 on August 2, 2017 and the Dow closed just over 22,000.

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