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BLOOMBERG Bloomberg Markets European Open December 22, 2017

Some 20 today. Has the bubble burst . All right, we are less than half an hour from the european open. Lets look at where futures are pointing. The direction is down and the. 5 . Stoxx 50s are down the continent looks to take it worse than the u. K. That is not the exciting picture i want to tell you this morning. Take a look at a threeday chart of bitcoin i have in the terminal. Unbelievable drops. Right now, trading at 12,508, a drop of almost 19 . This is the biggest percentage drop we have seen single day in all of 2017. Looks like people are cashing out of their bitcoin in order to afford the toys. They are really selling it off. Now, the currency is only up 1200 year to date. What is someone long bitcoin to do . Mark 19. 5 thousand on monday. Look at the decline. Other cryptocurrencies . That is the question we will be asking. As you can see, equity indices see china down about one third of 1 . 1 . Nikkei up about 1 5 of the biggest weekly gain for the japanese benchmark since no ....

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