dropglobalnews

Haven’t seen a pain day like this in crypto in a while. 

I’d say it’s like 2022 but actually it feels more like March 2020.

Macro has the wheel.

Let’s see what next week brings.

For people who are wondering why crypto prices are tanking it’s part of a global decline in equities (already showing up in Asian markets) over fear of a massive regional war breaking out in the Middle East.

Writer, podcaster, and commentator on foreign affairs and politics. Runs /dropglobalnews

Clanker Broadcasting Service /cbs

A couple of things probably: 
1. Yen more expensive to borrow
2. US weakness
3. Geopolitical fears
4. Jump selling