Cryptocurrencies were not immune to the coronavirus-related selloff on Wall Street on Thursday, as the price of bitcoin plummeted 26%, its worst daily selloff in seven years.
Despite a widely held belief that crypto investments are a good hedge against stock market investments, it appears digital currencies are just as vulnerable to the current uncertainty surrounding the coronavirus pandemic and the resulting economic damage it will cause. On Thursday, the S&P 500 SPX, -9.51% and Nasdaq Composite COMP, -9.43% joined the Dow Jones Industrial Average DJIA, -9.98% in bear-market territory, commonly defined as a decline of at least 20% from a recent peak.
why is gold not going up? 🤔
Bitcoin is shitcoin!!!
It’s the decoupling ‼️
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Trump bans foreign travelers who made stops in 26 European countries over coronavirus pandemicBREAKING: President Trump halts travel from Europe amid coronavirus pandemic; he also announced a series of economic relief actions. Good. But where are the tests we're promised? We need them badly. Nicely done mr. President Trump. And less keep making America great again. And control this deadly virus disease coronavirus. God bless America and God bless mr. President Trump 🙏😷🗽 RafaelCGlez Entonces nos cancelan la ruta Dubai-Londres-Papantla-Houston!
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Police shooting of 26-year-old man sparks protests in North CarolinaThe police chief said rumors online said officers responded to a 911 call about a stolen pizza. Body-cam footage will show the man has a pizza box, 'but he also has a gun.' minyvonneb Good job officers! minyvonneb No doubt. minyvonneb False, misleading “Rumors online..” you mean by the notorious liar shaunking? Said was teenager. Truth is 26 yr old man. Said he died. He didn’t. Never mentions him carrying gun, doesn’t fit narrative. He even made a podcast about it smdh ShaunKing Liar
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U.S. Stocks Extend Losses After Trading HaltThe Dow and S&P 500 fell 7%, halting trading for 15 minutes, then reopened lower as crude-oil prices dropped and investors poured into U.S. government bonds on worries about the coronavirus’s economic toll. get out now, kids. buy high, sell low. key to riches So the intended consequences are happening. The cabal is coming together and doing everything it can to give Donald J Trump a black eye. gtconway3d The maguic number ? The Dow closed at 19,827.25 on Inauguration Day
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Police shooting of 26-year-old man sparks protests in North CarolinaThe police chief said rumors online said officers responded to a 911 call about a stolen pizza. Body-cam footage will show the man has a pizza box, 'but he also has a gun.' minyvonneb Good job officers! minyvonneb No doubt. minyvonneb False, misleading “Rumors online..” you mean by the notorious liar shaunking? Said was teenager. Truth is 26 yr old man. Said he died. He didn’t. Never mentions him carrying gun, doesn’t fit narrative. He even made a podcast about it smdh ShaunKing Liar
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