Brothers, last night’s liquidation slaughterhouse, don’t be sad, everyone is the same.
To summarize why the crash was so severe, firstly, the Federal Reserve changed its stance. The yellow-haired nominee, a recognized hawkish heavyweight, was appointed as a candidate. After taking office, this person might pretend to cut rates to appease, while actually withdrawing large amounts of dollars from the market (balance sheet reduction). With less money, assets like gold and Bitcoin, which rely on liquidity, are naturally the first to be hammered.
All the money in the world is in “safe haven”. It’s
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