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Friday, March 29, 2024

Coinbase Crashes As Bitcoin, Ethereum Join FANG Stocks Meltdown

Courtesy of ZeroHedge. View original post here.

Whether it is just a curious coincidence or not, cryptocurrencies are crashing along with FANG stocks this morning…

Earlier statements about the Ethereum network running slow due to extremely heavy activity appear to have taken their toll on one major exchange…

And Bitcoin is tracking FANG stocks lower (down around 13% this morning)… This is the biggest drop since January 2015

And Ethereum is down over 15%…after tagging $400 earlier last night

Some context however shows this 15% plunge merely drops Ether to 2-day lows…

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