Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

stocks

Cryptocurrency

$2,200 bitcoin and $182 Ethereum: it’s Bubble Time!!

investors are panicking because they think assets like stocks, bonds and real estate are about to collapse. So they are dumping as much money as possible into highly-liquid assets such as cryptocurrencies. There is some evidence to support this thesis: last month hedge fund billionaire; and former Goldman Sachs partner, Mike Novogratz revealed that he has 10% of his money in ethereum and bitcoin.

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