The Pomp Letter
The Pomp Letter
Bitcoin, Rumors, Price Movements, And Market Maturation
0:00
Current time: 0:00 / Total time: -4:53
-4:53

Paid episode

The full episode is only available to paid subscribers of The Pomp Letter

Bitcoin, Rumors, Price Movements, And Market Maturation

To investors,

There was absolute madness in the bitcoin and crypto markets over the weekend. Well, madness compared to the traditional markets that it is. On Saturday night, Bitcoin and other assets went into a free fall. Bitcoin’s price dropped from around $60,000 to approximately $51,000 in less than an hour.

This type of 15% sell-off, especially one t…

This post is for paid subscribers

The Pomp Letter
The Pomp Letter
Pomp's daily newsletter analyzing the business, finance, and technology industries. Join 260,000 subscribers by signing up below.