I saw some 'woe is me, the sky is falling' bits on discord this morning, so I actually checked the price, a thing I do very infrequently.
Now I am pissed because I don't have ANY disposable money to put in the game.
Ah well. It sort of surprises me that crypto and the stock market both dumped the same day. Generally speaking I thought they worked counter to each other.
Though I have a good friend that is a stock trader and he says 'pay no attention to Monday and Friday. Those are dickhead days, the real trends are seen Tuesday through Thursday.' Monday and Friday he considers fear or euphoria days.
I think they should and in the future I hope that there will be a decline in one and a steady increase in the other - the system is very broken but will keep getting propped up until the giants have squeezed everything out of it.
Interesting about the monday to friday thing - is it because of announcements?
It's because of the 'feeling' people get during the work week (Friday) buy or sell. Monday is the day after they have had two days to contemplate the good or bad news. He says the stupid money is in play those two days.