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FANG AND BITCOIN RALLYING FOR THE SAME REASON?

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FANG AND BITCOIN RALLYING FOR THE SAME REASON?

Could China's recent moves explain the crazy price action in both assets?

Kevin Muir
Jul 26, 2021
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FANG AND BITCOIN RALLYING FOR THE SAME REASON?

posts.themacrotourist.com

I have been meaning to write about crypto's “stablecoins” for a while now. However, I didn’t feel confident enough that I truly understood all the different angles.

And I still don’t.

Yet, I think this morning would be a perfect time to sketch out some of my longer-term concerns.

Over the weekend Bitcoin rallied almost 20% — supposedly on rumours that A…

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