bounced back slightly. what s the latest there and also speaking broadly about real worries about the stability of cryptocurrency right now. well, your last question is an actual one and i will come to that, as far as the crypto crash goes, we saw crypto basically pull back right alongside other risk assets and for a while, cento bulls, or proponents of cryptocurrencies tried to say it was an inflation hedge and what we re seeing now it moves like other tech stocks, and the crypt yes industry has had one of the worst days ever yesterday, and bitcoin crossing below the 21,000 mark as you said, and bounced off of the lows and in terms of what is driving it, it seems a general rotation out of risk assets and growing mistrust over cryptocurrencies and critically the platform that supports them. as for how much it matters, one quote i would offer on that front, from the ubs global wealth management chief commitment paul donovan, he says
/PRNewswire/ UBS Wealth Management USA announced today that 12 Financial Advisors in the firm s South Texas Market have been named to the Forbes/SHOOK.
Investors are eager to see a stronger policy response from Beijing to arrest a slump in output and stock prices, no thanks to its zero-Covid policy. Will China oblige?