Yes definitely a possibility. Not many really realise how cryptos are leveraged with debt and derivatives. Any type of fall will eradicate most of the smaller people who are involved. I read 99% of people who hold now are under water already.
One collapse leads to the next and so on.
The linked dominoes are: -
- Crypto
- China economy
- Russian Invasion
- Drop in any of the main US indexes (also linked to debts)
If one triggers then the rest will follow.. some will have a quicker effect than others e.g. crypto.
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XJO - Bear Posts only (Factors which might cause the markets to fall), page-993
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