Stock Market pull out 2nd largest amount of money in a single week — where is that money going? % to cryptos ?
It really is a total coincidence that the week Coinbase open “custodian ability” for Institutional investors that you see a “massive outflow” from stocks over the week.
Could a percentage go into cryptos?
Do you really think people are into bonds with interest rates rising? Not a chance.
How about Gold & Silver ? They have been keeping that market down for years. I doubt it.
I am not suggesting this moneyis all going into cryptos but I do believe a small percentage could that does have the ability to move the crypto market.
Don’t look for anything this week — it’s the holiday week.
Look for next week when Wall Street gets back from holiday.
Everyone have a happy and healthy 4th.
Cyrpto fireworks coming 2nd of 2018 :-). (Not financial advice)
cryptos have been going up lately, so i think some percentage of the money went to cryptos. Gold and Silver, maybe not
I am looking for next week to show us :-)
We see soon... but something yes is come.
Yes....I don’t think we would have all these larger players making such investments without knowing the payback and regualtions coming.
If I see something then I see this... The United States is bankrupt.
So... Markets need to go somewhere, or they will all disappear.
Most debt yes....no country looks that good at the moment.
Sure :)
Gold and silver might get their share too.
I think so...everything to diversify.