Some Reports Say the Stock Market Sell-Off Pushed Money Towards Crypto-Investments

in #bitcoin7 years ago


In addition to the fierce stock market madness, the financial publishing business insider released a report in which it was decided that "money flowed in crypto during the liquidation of the stock market." Dow started stinging at 2:40 a.m. EDT, and twenty minutes later, the entire coin capitalization of the coinmarket increased by 7 percent an hour later. SOURCE https://news.bitcoin.com/black-monday-shows-bitcoin-isnt-as-dangerous-as-regulators-claim/

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You might as well hold your money in something that potentially has value -as opposed to the stock markets, which is totally overvalued by miles.