But where does that money come from? No other asset class took a dive. Even the German DAX despite One Million Layoffs and no economic agenda in a deep governement crisis is still funded with a very lot of cash. The U.S. economy is solid and no-one will sell U.S. stocks in large volumes for a purely speculative asset class.
This being said, does Crypto Trading make sense for daytrading and speculation being just short on riscy investing into Puts and Calls without owning any underlying stock. That means crypto investment money is no loss total loss money any further than a short "What a pitty", and remains as such only better than horse race betting until crypto has a use in the economy which will also end the constant Klondike speculation.
Who therefor has put 1 Trillion Dollars in 15 days into there?
From a Macro-Economic position that amount of buying power in that asset class is as stupid as stopping a 100 meter Olympics qualifying run with a Rolex insisting on "But it's a Dayjust".
#cyberpunkcoltoure
