Lumber is down 35% since crypto started trading it
After crypto speculators flocked to a momentum trade of lumber in 2021, a check on the current price reveals the folly of crowd psychology.
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After crypto speculators flocked to a momentum trade of lumber in 2021, a check on the current price reveals the folly of crowd psychology.
Read more (2 min) →Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books.
Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income.
Donald Trump threatened to renew a tariff war with China on Friday, and the news briefly spooked $600M out of crypto valuations.
Crypto treasury companies have disclosed lavish advisory and asset management fees that will persistently drag on shareholder returns.
Would a bitcoin market sell order of a few million dollars flash crash its price? Technically yes, but not really.
Stocks and crypto are currently on an upward curve ahead of the CPI and Initial Jobless Claims figures, due to be released on January 12.
The crypto market has endured a torrid time, shedding billions since last year's all-time highs. But how does it compare to other industries?