The New CS Board

[jumanji0881]

Cryptos are showing their true values -
Panic in crypto can trigger 'capitulation' in most markets that are already under pressure - analysts
https://www.kitco.com/news/2022-11-09/Panic-in-crypto-can-trigger-capitulation-in-most-markets-that-are-already-under-pressure-analysts.html

My Comment: What a joke. I think Cryptos' intrinsic value is zero and it is fast approaching that level. The turmoil certainly destroys trust in the market

Excerpts:
Bitcoin tumbled to November 2020 lows, down nearly 16% on the day, and last trading at $17,029.47. Ethereum dropped to July lows, down 24.5% on the day, and last trading at $1,165.42.

"Many of the problems of traditional finance which cryptocurrencies aim to solve are being replicated in the crypto market, as many centralized entities have become too greedy,"[color=red][/color] Sotiriou added.