It's not just cryptocurrencies. It's the entire economy.
Kuwait, Iraq and Qartar have stopped oil production. Trump and Nethanyahu's attack on Iran have triggered a new oil crisis.
Fuel pump prices are rocketing all over the world. And this will trigger a renewed inflation jump.
Also, Fridays' non-farm job report was a complete shock. All the false bravado from the Trump administration about how great America has become under his rule is now proving to bd another Trump lie.
Add on how tariffs will cut US factory production, and further add to US consumption costs, we have all the makings of a recession.
Now with only Cryptocurrency open for trading over the weekend, we are already seeing a collapse happening with prices of Bticoin, Ether and others.
Monday may be really bad day for the markets. Starting East in Japan, Korea, HK, Shanghai, and on to DAX, Footsie, etc., and then to Dow, Nasdaq and S&P500 at 9.00 EST, we may see a domino collapse take place in less than 24hurs.
Battle down your hatches people. It's going to be brutal.
What’s Driving Bitcoin And Ethereum Prices – And Why Investors Should Be Watchful
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