Cryptocurrency

CRYPTO HOLDS UP! CHINA LOOKS BAD! STOCKS LOOK BAD!



CRYPTO HOLDS UP! CHINA LOOKS BAD! STOCKS LOOK BAD! BREAKING CRYPTO NEWS!

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How you doing Austin here we’re going to talk about crypto actually holding its own and doing fairly well in the context of what’s going on in the larger macro Market in in stocks obviously there’s a lot going on with China right now um and

I’ve got a lot to tell you so I realize that crypto in your eyes it may not be doing a lot at only being up 05% but hey it’s a lot better than this look at what’s going on in stocks right now it is uh bloody on that side of the street

The Dow right here where my mouse is down 391 NASDAQ down 111 Russell 2000 down 33 stocks dip to start week as pal chill’s rate cut hes hopes we know that’s out there that’s looming we know that last week we had the um Federal Reserve fomc meeting and uh they stripped out all

Language from like they had done in previous um fomc meetings talking about the fact that they were going to reduce the interest rate there was really no no mention of that um so that’s there but the real story here as far as what’s going on in in kind of the broader macro

Market is uh China China is having some hard times right now obviously their CSI 1000 index crashed 8% they halted trading for 30 of their stocks and this is their look at this I mean look at the chart let make sure you guys can see that yep okay this chart

Just I mean just obviously you can see that chart right there uh now a lot of what is going on here is uh ever Grande it is which is China’s second largest property giant by sales they are in Bank rsey uh so Beijing is having to do liquidity injections uh they’re having

To you know do that they’ve come out and said quote we are going to steady expect ation and confidence and adamantly ward off abnormal Market flu fluctuations uh you know right here China’s Equity markets seem to be to finally be joining at their collapsing real estate market okay uh so there’s a

Lot of going on here as far as uncertainty now I realize that you know you may be looking at going I don’t care what happens in China well the bottom line is China is a Global Financial Power House and the uncertainty and the risk and the uh you know all that goes

In that is is starting to impact stocks will it move over and impact crypto we don’t know yet obviously as I as I showed you crypto is actually doing a fairly good job again right in context of the major red that is on the stock side

Of the house China all that kind of stuff impacting everything so I’m going to take this as kind of good news right now with the fact that that crypto is holding it holding it you know it’s holding its own uh if we’re looking at Bitcoin and ethereum I mean they’re

Really flat not doing a whole heck of a lot in fact if we look at the top gainers it’s chain link gno fra uh but you can look at the percentages and know that there’s really not a lot going on there and conversely you know the the

Top the top loser if you will as far as percentage downam out of the top 100 is ronin and they’re only down 10 points okay so not a lot going on crypto in the context of move up or move down um and in fact let me make sure that just that

Just flashed right we just moved into 0 negative 05 uh per territory we were at 0 five now we’re down 0.05 I’ll keep an eye on it for you the rest of the day let you know if we see anything crazy going on uh but you can see you don’t have to

Look much further than go anywhere and look at any financial news this is what’s happening uh and historically right crypto and stocks are coupled kind of tied together if you will but it’s not bleeding over yet into into crypto okay so that’s what we got going on

There so uh final thought wanted to let you know that software sparked a buy alert for for Avalanche for salana um I haven’t looked at ICP in a little bit let me look at ICP we got just one for ICP so I’m just giving you kind of that

The software saying hey it’s the right time to buy the last time my software said it was time to buy I CP as an example there was a buy there was a sell it’s 220% up in that blue box you see right there 60 days a th000 in would have made you

$2,191 in profit okay but all the way to that sell was like 322 plus perc so uh links in the description below if you want to pick up my software there’s a discount code down there you can get it for a dollar a day a little over is what

It cost you there’s also a 30-day no questions asked money back refund guarantee uh and you can see like for salana right here it gave a buy alert way back there and then all the way up to that so 108 days 46% up so it’s issued by alerts I’ve actually just

Given you these by alerts for free so software saying it’s the right time to buy ICP salana Avalanche you know conversely right now it’s saying hey it’s not the right time as you can see to buy um you know to buy xrp uh you know just to give you some context right

Okay so links description below if you want to check that out also if you’re interested the best uh trading platform out there if you’re interested in using leverage things like that is Marx links in the description below there’s a 20% deposit bonus for you if you decide to use my my referral

Link so check it out links in the description below pick that up all right more news coming I’ll see you take care bye

12 Comments

  1. My stick portfolio is up 35% since October 2023, my crypto is down 20%, the key is diversification always until we move to a full digital asset environment, which is coming. And don’t think all the central banks won’t fight to run it all. We know they see it as the next generation of finance since all the big hedge funds and bank got in quickly after sitting in the sidelines and downplaying it for years. The fight is far from over, but don’t think these big rigs have you best interests in mind. Plan ahead for all scenarios.

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