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RE: VLOG 202: CRYPTO MARKET FALLING
There is a dip across the board not only cryptocurrency, XLF and XLE also showing weakness as they are in red. Probably the tightening by the Fed as they increase interest rate may not have been perceive by the market as a good one. All three major indices are in red. The precious metals Gold and Silver are just managing to keep it green. So its just uncertainty across the broad. What is interesting, the drama within the cryptocurrency space isn't helping so people are not seeing it as a safe haven....June 16 is also upon us, so people are in a wait and see mode, probably trying to protect theirs gains.