S&P 500 is down about 10%, which is still well within the realms of a healthy market correction, though sellers do not appear to be done. According to Wall Street's rule of thumb, bull market officially ends when 20% is exceeded on a sustained basis. Bond yields are firm, which suggests investors are moving at least partly into cash.
Now, imagine if only a fraction of the 70T global stock market (nevermind 300T+ in other liquid assets) diversifies into digital assets. Cryptocurrency market capitalization presently sits at a tiny 0.4T. I expect another big move once the regulatory dust settles. In my opinion, it is by no means too late to jump on this train.
Now, imagine if only a fraction of the 70T global stock market (nevermind 300T+ in other liquid assets) diversifies into digital assets. Cryptocurrency market capitalization presently sits at a tiny 0.4T. I expect another big move once the regulatory dust settles. In my opinion, it is by no means too late to jump on this train.
