I think the crypto market is a legitimate concern at this point and has the potential to spark something a bit bad. Maybe not a big big crash or anything, I feel the corporate bond bubble has the future honour there haha. But if $2T gets wiped off the market in an instant, then who knows the knock on effects it could have.
The biggest concern is that the end of crypto could see the end of the (rebellion hehe star wars) hype and enthusiasm currently surrounding the retail investors.
So it has the potential for a "psychological crash" I guess. Not a fundamental one.
Chart - Z1P, page-8467
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 (20min delay)
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Last
$1.30 |
Change
0.060(4.84%) |
Mkt cap ! $1.459B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.32 | $1.27 | $13.02M | 10.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 58756 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 65212 | 45 |
View Market Depth
| Last trade - 14.25pm 03/05/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
0.060 ( 5.10 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 2069738 | ||
| Last updated 14.42pm 03/05/2024 ? | |||||
| ZIP (ASX) Chart |