The Pomp Letter
The Pomp Letter
Weekend Volatility Leads To Significant Losses
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Weekend Volatility Leads To Significant Losses

To investors,

Today is a bank holiday in the United States. This means we are in the middle of a three-day weekend, but the bitcoin and crypto market trades 24/7/365. The legacy financial system does not. This creates a mismatch in hours of operations.

Normally, the mismatch doesn’t mean much. Maybe you see slightly higher volatility during the weekend ho…

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