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IPFS News Link • Stock Market

Crypto, Crude, & 'Crappy' Stocks Dump'n'Pump As Fed Sparks Dollar Spike

• https://www.zerohedge.com, by Tyler Durden

But you can't keep a good thing down...

And as Bitcoin was clubbed like a baby seal, gold rallied (and as crypto recovered, gold reversed, helped by The Fed's taper talk)...

Ethereum rebounced back from below $2000, back up near its 50DMA...

Bitcoin bounced back off $30,000, rallying all the way back to its 200DMA...

Bitcoin's 14-day RSI flashed its most oversold reading since March 2020, when prices dipped below $40,000.

Stocks also saw a big dump-n-pump day with Nasdaq outperforming (seemingly finding a magic bid after The Fed said it was thinking about thinking about tapering). Small Cap slagged...


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