zlacker

>>JumpCr+(OP)
Wall Street is not doing well at the moment[1] and is probably calling on it's hedges[2] - including Bitcoin - to cover losses.

[1] >>46904619

[2] https://en.wikipedia.org/wiki/Hedge_(finance)

>>krunck+qc1
The markets have hardly moved yet and there are far bigger dips and faster dips within the last year which did not have such an effect https://i.imgur.com/nYSdiUN.png. I also agree with the sibling it doesn't really make sense to call Bitcoin a hedge if it's supposed to drop with the market.