For years, cryptocurrencies have been thought of fringe investments on Wall Avenue, however this week an enormous intraday plunge in Bitcoin corresponded with a giant drop within the inventory market. Has crypto contagion arrived within the monetary system? Artwork Hogan, chief strategist at Nationwide Securities, joins the “What Goes Up” podcast to debate this, and reminisces in regards to the crash of 1987 when he discovered himself knee-deep in ticker tape on the previous Boston Inventory Alternate.
Talked about on this podcast:
Bitcoin Rally Was So Huge It Was Worth the Risk-Adjusted Twists
Markets’ Frothy Edge Rattled in Rough Day for Bets on Innovation
Bitcoin Whipsaws Investors With Same-Day Plunge, Rally of 30%