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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="Weather Man" data-source="post: 16624226" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3699306-bitcoins-wild-ride-gives-traders-no-rest-on-sunday" target="_blank">Bitcoin's wild ride gives traders no rest on Sunday</a></p><ul> <li data-xf-list-type="ul">Bitcoin's (<a href="https://seekingalpha.com/symbol/BTC-USD" target="_blank">BTC-USD</a>) wild swings continue through the weekend, taking a downturn on Sunday, sliding to as low as ~$31.1K.</li> <li data-xf-list-type="ul">In the past 24 hours, the world's largest crypto drops ~13% to $32.9K as of 2:22 PM New York time.</li> <li data-xf-list-type="ul">One metric gauging implied volatility on bitcoin, similar to the U.S. stock market's VIX index, <a href="https://www.bloomberg.com/news/articles/2021-05-23/bitcoin-punctuates-wild-week-with-a-fresh-bout-of-volatility?srnd=premium&sref=DWzi38c2" target="_blank">topped 130</a>, Bloomberg reported, exceeding the VIX's all-time high.</li> <li data-xf-list-type="ul">The slump extends a volatile week for bitcoin, during which China and the U.S. in different ways vowed to tighten cryptocurrency regulation and Elon Musk tweeted statements that appeared <a href="https://seekingalpha.com/news/3695782-elon-musk-continues-attack-on-bitcoin-mining-energy-usage" target="_blank">to condemn</a> then<a href="https://seekingalpha.com/news/3699294-elon-musk-is-back-at-it-on-bitcoin-nydigs-ross-stevens-sticks-to-bull-case" target="_blank"> support bitcoin</a>.</li> <li data-xf-list-type="ul">Ethereum (<a href="https://seekingalpha.com/symbol/ETH-USD" target="_blank">ETH-USD</a>) drops 16% to $1,292.20, dogecoin (<a href="https://seekingalpha.com/symbol/DOGE-USD" target="_blank">DOGE-USD</a>) falls 13% to 29 cents, Binance Coin (<a href="https://seekingalpha.com/symbol/BNB-USD" target="_blank">BNB-USD</a>) slides 25% to $231.46, Cardano (<a href="https://seekingalpha.com/symbol/ADA-USD" target="_blank">ADA-USD</a>) slumps 21% to $1.16.</li> <li data-xf-list-type="ul">See why SA contributor The Value Trend<a href="https://seekingalpha.com/article/4430693-bitcoin-time-to-add" target="_blank"> views now as the time to add more bitcoin.</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16624226, member: 137766"] [URL='https://seekingalpha.com/news/3699306-bitcoins-wild-ride-gives-traders-no-rest-on-sunday']Bitcoin's wild ride gives traders no rest on Sunday[/URL] [LIST] [*]Bitcoin's ([URL='https://seekingalpha.com/symbol/BTC-USD']BTC-USD[/URL]) wild swings continue through the weekend, taking a downturn on Sunday, sliding to as low as ~$31.1K. [*]In the past 24 hours, the world's largest crypto drops ~13% to $32.9K as of 2:22 PM New York time. [*]One metric gauging implied volatility on bitcoin, similar to the U.S. stock market's VIX index, [URL='https://www.bloomberg.com/news/articles/2021-05-23/bitcoin-punctuates-wild-week-with-a-fresh-bout-of-volatility?srnd=premium&sref=DWzi38c2']topped 130[/URL], Bloomberg reported, exceeding the VIX's all-time high. [*]The slump extends a volatile week for bitcoin, during which China and the U.S. in different ways vowed to tighten cryptocurrency regulation and Elon Musk tweeted statements that appeared [URL='https://seekingalpha.com/news/3695782-elon-musk-continues-attack-on-bitcoin-mining-energy-usage']to condemn[/URL] then[URL='https://seekingalpha.com/news/3699294-elon-musk-is-back-at-it-on-bitcoin-nydigs-ross-stevens-sticks-to-bull-case'] support bitcoin[/URL]. [*]Ethereum ([URL='https://seekingalpha.com/symbol/ETH-USD']ETH-USD[/URL]) drops 16% to $1,292.20, dogecoin ([URL='https://seekingalpha.com/symbol/DOGE-USD']DOGE-USD[/URL]) falls 13% to 29 cents, Binance Coin ([URL='https://seekingalpha.com/symbol/BNB-USD']BNB-USD[/URL]) slides 25% to $231.46, Cardano ([URL='https://seekingalpha.com/symbol/ADA-USD']ADA-USD[/URL]) slumps 21% to $1.16. [*]See why SA contributor The Value Trend[URL='https://seekingalpha.com/article/4430693-bitcoin-time-to-add'] views now as the time to add more bitcoin.[/URL] [/LIST] [/QUOTE]
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