Crypto prices were crushed this past week and when such events happen, many seek out a culprit.
We’ve been noting that demand for bitcoin and ether was drying up . That answered the question “what?” but not “why?” One persistent, common myth about crypto may seem perfectly reasonable but doesn’t hold up when the data is analyzed. That myth is that cryptocurrencies trade closely with tech stocks and certainly more so than with the overall market.this theory is gaining tractionAt first blush, there’s a lot of reasons why that would make sense. Buying cryptocurrencies – not just bitcoin, but any of them – is a bet that the technology will be adopted by more users.
Thus, one would expect the new technology narrative to far outweigh the inflation hedge narrative, which is an integral part of bitcoin's origin story. Yet is that really the case?The favored proxy for the tech sector, the Nasdaq 100, is packed with giants in the space: Apple, Microsoft, Amazon, Meta , Tesla and Alphabet , which accounted for
lvlewitinn Ok
lvlewitinn Regardless of opinion if the major markets on Wall Street accept Bitcoin or cryptocurrency like nasdaq, usdx, sp500 the numbers will eventually play out. With cryptocurrency you has the ability to trade at lower rates and get paid based on the % of cryptocurrency that you own.
lvlewitinn
lvlewitinn
lvlewitinn One of badly written reports ive ever read
YourCryptoFeed lvlewitinn Absolutely agree. Crypto Bitcoin ETH
lvlewitinn lol. this is pure bs.
lvlewitinn Our team has developed a way to counter the fall of bitcoin
lvlewitinn At this stage, it's not too late to jump on the metaverse train. The market is still in recovery, hence metaverse projects such as $PKR are at a good entry level.
lvlewitinn Yeah ok.
lvlewitinn Check out InuKishu Kishu
lvlewitinn Look how cool these NFT look!check right now cryptoisland CryptoIslandDAO CISLA DAO Crypto BSC
lvlewitinn Hey!You've heard of the next project that will have over 1 trillion dollars market cap !If not,its not too late, join right now Crypto Investors are trying to buy an island and Tokenize it's ownership cryptoisland CryptoIslandDAO CISLA DAO Crypto BSC
lvlewitinn metapets A great community is the beginning of a goal Next Shiba * just 2 month * 105 k holders 21 k telegram 129 k watch list cmc MetaPets
lvlewitinn $CISLA Months of hard work and dedication will finnally pay off! We are making history! Big shout out to our wonderful community,it wouldn't be possible without you! This is only the beginning! Stay tuned! CryptoislandDAO Bitcoin BNB Ethereum NFTs
lvlewitinn Are you ready? Cheems is coming.. 🔥🔥 +Certik +63K Holders CheemsInu Cheems CHEEMSARMY 100xgem 1000xgem Binance bnb bscgem bscgems $CINU $BTC $ETH Crypto Bitcoin
lvlewitinn Ever dreamed of owning a private island? The Crypto Island DAO is your chance to become a co-owner of a real private island in the Bahamas and be a part of our governance system. Check it out now on: CryptoIslandDAO CISLA privateisland DAO ETH
lvlewitinn Our roadmap inspires confidence! You'll hear lots of Hamster Coins in 2022! 💪🐹🤏💰 HamsterCoin _hamster_coin
lvlewitinn I call BS of course there’s evident correlation - Nasdaq was having its correction since Dec and the excessive selling on risk on assets like $btc was affected negatively. These experts are fucking noobs
lvlewitinn Are you ready? Cheems is coming.. 🔥🔥 +Certik +63K Holders CheemsInu Cheems CHEEMSARMY 100xgem 1000xgem Binance bnb bscgem bscgems $CINU $BTC $ETH Crypto Bitcoin
lvlewitinn Bro, if you believe in the development of metaverses then don't miss the opportunity to join the explosive project Meta2Earn 🔥 They will develop game artifacts for the most popular Play2Earn games and metaverses 🙌
lvlewitinn The world is going to keep getting more expensive in dollar terms and cheaper in bitcoin terms. Choose your savings technology wisely. Everyone should be following 6max04 he is a super underrated bitcoiner I’ve been taking his tweets and tips seriously & it’s been great
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCLA - 🏆 319. / 59 Read more »
Source: njdotcom - 🏆 282. / 63 Read more »
Source: ABC - 🏆 471. / 51 Read more »
Source: NASA - 🏆 672. / 51 Read more »
Source: LuxuryDaily - 🏆 325. / 59 Read more »
Source: dallasnews - 🏆 18. / 71 Read more »