Many people would probably be selling off on monday and then the market tanks.
Then the big question becomes…will it effect crypto? I believe it could for a short period of time before it shoots up to insane levels.
So far the Nikkei is down 1.41%
In 3 to 4h the stockmarket in the US opens…interesting times…
I guess it’s gonna be a bloodbath for awhile. Though I’m kinda glad the stock market is starting to go down. It’s been going up far too long and its due for a correction sooner or later
Last year, I saw a strong correlation between the fall of gold and the BTC price surging.
Everytime the BTC fall, the gold surge and vice-versa.
I think if the stock market will crash, people will go into cryptos or gold.
From a crypto perspective it is pretty funny to hear “market crash” or “big market correction” and then to see a -5%