What The Swings In Bitcoin Mean For Equity Markets
Schwab Network
English - May 19, 2021 21:28 - 9 minutes - 48.7 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Kornit Digital (KRNT) CEO Talks Company's Earnings And Growth
Next Episode: Breakdown of FOMC Minutes and the Bitcoin Sell-Off
Bitcoin Futures (/BTC) fell to a low of $30,205 today and down 30%. "The correlation between high-growth tech stocks and bitcoin has tightened compared to previous years," says John Wu. He weighs in on growth stocks collapsing over the last few months, and institutional money entering crypto over the last year.