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RE: Bitcoin a leading indicator for stocks?
A lot of analysts haven't picked up on this yet, but I'm starting to entertain the possibility that student loan cash being deployed in the crypto market, may have played a much larger role in the bubble than anyone realizes.
I read a little about that as well, but the total dollar amount of student loan money that was likely allocated to cryptocurrencies was likely too small to have had much of an impact, at least according to what I have read.
Interesting. I understand many loaded up their credit cards buying when prices were above $15K...thinking it would keep going up and up and up forever.