Everything is down though and this just lets people who’d like to bash crypto a reason to bash crypto. Etsy stock is also down more than 50% from its high but nobody is bashing Etsy. What does it all mean????
Is it really that hard to figure out?
Edit: re correlation v causation. That’s the problem, people having been pumping Bitcoin as an alternative to gold, it’s supposed to be uncorrelated to the stock market…