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Bitcoin Crashes 20% Overnight, Further Proving Crypto Is A Risk Asset

quoththeraven.substack.com

Bitcoin Crashes 20% Overnight, Further Proving Crypto Is A Risk Asset

The "safe haven" crashed $9,000, or about 15%, in the span of just an hour.

Quoth the Raven
Dec 4, 2021
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Share this post

Bitcoin Crashes 20% Overnight, Further Proving Crypto Is A Risk Asset

quoththeraven.substack.com

If you needed any further proof that bitcoin trades like a risk asset and you weren’t convinced last week when the crypto was extremely volatile while, at the same time, gold was barely ticking back and forth by 1%, look no further than the overnight session Friday night into Saturday morning for most US traders, where bitcoin has collapsed almost 20% a…

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