Really glad to see your comment Minstrels.
IMHO , The basic reason is that Mithril's fundamentals are so sound that it's stockholders are hedged against inflation AND every currency debasement .
Another reason is that there is a rotation from cryptoccurencies to gold. Especially amongst the small cap traders there is strong the spirit of gambling rather of investing in a long term .
But Institutional investors were deeply into crypto curencies. It was them that sold massive amounts.
The downturn of cryptocurrencies hasn't been ended. Market participants fear that a further downturn will have repercussions to the equities market due to the leverage position of institutional investors.
FED is in process of regulating cryptocurrencies , starting with taxation on profits.
Best regards to all Mithril's stockholders !
Ann: Extensive Gold-Silver Confirmed El Refugio West, page-9
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Last
51.0¢ |
Change
-0.055(9.73%) |
Mkt cap ! $60.11M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 57.0¢ | 50.0¢ | $1.340M | 2.506M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25200 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 13999 | 1 |
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