Something interesting happened on the way to the stablecoin party.
While traditional financial markets are in turmoil with FAANGS incl Amazon down 10% and gyrating all over the place, Bitcoin is like a rock, barely moving against $US but rising against other fiat.
I’ve been saying for a while that Crypto volatility is a sign of transition, not a permanent situation in need of rectification with “stablecoins”
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Overly classic :)
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It is just consolidating before a move. Time will tell which way ;-)