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The coming stock market crash?

By: Andrew Moran A year ago, the financial markets were infected with the coronavirus. Black Mondays, dead cat bounces, falling knives, and billions of dollars in liquidation dominated the business headlines. Twelve months later, equities are at record highs, commodities have been supercharged into a supercycle, cryptocurrency’s journey to the moon is back on, and armchair investors are beating the hedge funds. But why is there this overwrought feeling that the colosseum is about to implode? Perhaps the tagline from Christopher Nolan’s epic 2020 picture  Tenet explains it best: “Don’t try to understand it. Feel it.” Treasury Island Takes Wall Street

Hedge Fund Manager: Investors No Longer Want Common Ground, They Want To Destroy

23Feb2021 Pre-Market Commentary: Wall Street Futures Tumble As Tech Stocks, Cryptocurrencies Crash, DOW Up 16 Points, Nasdaq Down -1 8%, WTI Crude Rises 62 01, Bitcoin Sinks 48600

23Feb2021 Pre-Market Commentary: Wall Street Futures Tumble As Tech Stocks, Cryptocurrencies Crash, DOW Up 16 Points, Nasdaq Down -1 8%, WTI Crude Rises 62 01, Bitcoin Sinks 48600
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

Bitcoin (BTC) price skyrockets again: A new all-time high

Bitcoin price skyrocketed recently, surging past $40,000 for the second time this year The price shot up to $48,200 after the recent news of Tesla having $1.5 billion BTC on its balance sheet Tesla said that it might accept Bitcoin payments in the near future, driving people to the coin Bitcoin price saw a major price and volume increase in the last 24 hours, skyrocketing up by over 25%. The coin managed to reach a new all-time high, causing another massive rally in the crypto industry. Fundamental analysis: What is new with Bitcoin? Bitcoin recently saw quite a few mentions in the news, making countless headlines every day. Yesterday, February 8th, the coin’s price surged past $40,000, causing analysts to announce another jump in value. Many pointed out that the last excursion past $40k led to the coin’s ATH in early January. Now, exactly a month later, the coin skyrocketed again.

Bitcoin Price May Hit $500,000; Will Be Worth More Than Gold, Asset Manager Says

Bitcoin Price May Hit $500,000; ‘Will Be Worth More Than Gold,’ Asset Manager Says Bitcoin Photo: Bitcoin KEY POINTS Eric Peters said it could happen if there’s another recession followed by more money printing He said it’s rare to find an asset class that capitalizes on a future upside Peters made headlines last year as the “Bitcoin Whale” Bitcoin could hit $500,000 as a result of its market capitalization increasing to that of gold, according to Eric Peters. The CEO of One River Asset Management said the primary reason Bitcoin may eventually overtake gold is the dominant cryptocurrency’s fixed supply. There will only be 21 million Bitcoins, and while gold is also scarce, there’s no way of knowing how much is left beneath the earth. There were even reports that gold can be found on the moon.

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