Tesla, Markets, Bitcoin, and Deere (Podcast)
Bloomberg Intelligence
00:00
Is That Death Cross Bad for Cryptos?
The key thing I look at is what was the major force that pressured almost all risk assets, most notably cryptos last year? That was expectations for fed rate hikes. And that's still there. The don't fight the fed mantra is still there. So I see the risk is now that stock markets rolling over, cryptos are rolling over. But you can see what's going to happen in the long term when this whole thing bottoms is cryptos should come out ahead.
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