This was a bit unusual, but they all bounced together
The stock market is tanking today, down a ton at the open and reaming weak most of the day.
But then it started to come off the lows a couple hours ago, along with oil, and also bitcoin.
They all moved together:
(Source: ~~~ embed:1232028145106276355) twitter metadata:TWF0aUdyZWVuc3Bhbnx8aHR0cHM6Ly90d2l0dGVyLmNvbS9NYXRpR3JlZW5zcGFuL3N0YXR1cy8xMjMyMDI4MTQ1MTA2Mjc2MzU1KXw= ~~~
Bitcoin is behaving like a risk asset.
Along with stocks and oil.
Coronavirus wreaking havoc everywhere!