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Thursday, December 1, 2022

Why Ethereum, Bitcoin, Dogecoin, and Solana All Crashed Today | The Motley Fool

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Cryptocurrencies and stocks fell almost across the board last Friday as news of a fresh Covid variant reached the market. The new variant that is spreading in South Africa has reportedly been associated with greater transmissibility and more immune evasion than previous strains.

So far crypto has not been the best hedge against traditional equity assets, they have proven to rise and fall together usually.

Source: https://www.fool.com/investing/2021/11/26/why-ethereum-bitcoin-dogecoin-and-solana-all-crash/

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