On November 9, I bought a little BTC spot at an average cost of 74,800, and I’m already in the red!
1. Trump loses both chambers: crypto policy hits a roadblock.
2. Binance hacked: panic spreads.
3. CPI comes in above expectations: rate cuts are off the table. Another hike today, and possibly two more next year.
4. Tomorrow (November 12): MicroStrategy is highly likely to be dropped from the list of U.S. MSCI index funds.
Bad news keeps coming, one after another. The market feels like being cut with a dull knife—slowly ground down, with no end in sight.
1. Trump loses both chambers: crypto policy hits a roadblock.
2. Binance hacked: panic spreads.
3. CPI comes in above expectations: rate cuts are off the table. Another hike today, and possibly two more next year.
4. Tomorrow (November 12): MicroStrategy is highly likely to be dropped from the list of U.S. MSCI index funds.
Bad news keeps coming, one after another. The market feels like being cut with a dull knife—slowly ground down, with no end in sight.