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Cryptos are crashing. Bitcoin down 10%. Other Cryptos down as much as 35%. Link Inside
Posted on 2/2/25 at 8:12 pm
Posted on 2/2/25 at 8:12 pm
Dow & Nasdaq still down over 500.
S&P still down over 100.
Is this ".com crash 2.0" ?
Not Good,
Tomorrow could be historic.
CNBC - Crypto Prices Live
S&P still down over 100.
Is this ".com crash 2.0" ?
Not Good,
Tomorrow could be historic.
CNBC - Crypto Prices Live
This post was edited on 2/2/25 at 8:15 pm
4
Posted on 2/2/25 at 8:14 pm to Hello Friends
Posted on 2/2/25 at 8:16 pm to Hello Friends
Quote index changes in percentages.
S&P down 1.78% (the one that matters most)
Nasdaq down 2.41%
Dow down 1.28%
S&P is market weighted. Dow is Price weighted and cherry picked.
S&P down 1.78% (the one that matters most)
Nasdaq down 2.41%
Dow down 1.28%
S&P is market weighted. Dow is Price weighted and cherry picked.
Posted on 2/2/25 at 8:20 pm to TerryDawg03
I'm not sure which is more impressive, bankrupting 3 casinos or tanking the stock market after only 2 weeks on the job.
Posted on 2/2/25 at 8:25 pm to TerryDawg03
quote:
Quote index changes in percentages.
S&P down 1.78% (the one that matters most)
Nasdaq down 2.41%
Dow down 1.28%
S&P is market weighted. Dow is Price weighted and cherry picked.
The indexes were also down over 1 percent on Friday after Tariff Announcement.
So you can tack that onto your numbers.
Posted on 2/2/25 at 8:33 pm to Warrior Court
You are the least impressive.
Posted on 2/2/25 at 8:34 pm to Hello Friends
It’s going to be a bumpy ride to the other side
We’ll see how long Americans can stomach it
As for bitcoin and crypto, they have no real value except for the fomo trade. There’s no way to know when to buy. Interesting to note that this is the exact sort of environment that should send bitcoin soaring but it’s doing the opposite. More indication that it trades less on real economic fundamentals than pure fomo.
Expect to see oil trade higher as the tarrifs on imported oil from our largest importer- Canada- and second biggest- Mexico- take hold.
We’ll see how long Americans can stomach it
As for bitcoin and crypto, they have no real value except for the fomo trade. There’s no way to know when to buy. Interesting to note that this is the exact sort of environment that should send bitcoin soaring but it’s doing the opposite. More indication that it trades less on real economic fundamentals than pure fomo.
Expect to see oil trade higher as the tarrifs on imported oil from our largest importer- Canada- and second biggest- Mexico- take hold.
This post was edited on 2/2/25 at 8:41 pm
Posted on 2/3/25 at 6:17 am to Hello Friends
quote:
The indexes were also down over 1 percent on Friday after Tariff Announcement.
So you can tack that onto your numbers.
Friday was also the last day of the month, so profit taking isn’t out of the question to close the books.
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