How The Only Market That Is Open Reacted To Today's News & Rumors
Submitted by Tyler Durden on 03/23/2013 17:33 -0400
There are no regulated financial markets open today; no BIS-buffered FX market, no Fed-spoon-fed US equity market, no BoJ-jawboned Nikkei 225, and no ECB-sponsored Spanish bond market to judge today's news and rumors. But there is one 'market' open - a market that prices in the belief (or lack thereof) in the status quo to a lesser or greater extent. Illiquid as it may be, today's Bitcoin prices (and volume) says a lot about the headlines of the day...
The fiat-currency-based price of a Bitcoin today has
risen (less confident in the status quo) and fallen (more confident) as
the day's headlines hit...
risen (less confident in the status quo) and fallen (more confident) as
the day's headlines hit...
Source: bitcoincharts.com
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