How The Only Market That Is Open Reacted To Today's News & Rumors
There are no regulated financial markets open today; no BIS-buffered FX market, no Fed-spoon-fed US equity market, no BoJ-jawboned Nikkei 225, and no ECB-sponsored Spanish bond market to judge today's news and rumors. But there is one 'market' open - a market that prices in the belief (or lack thereof) in the status quo to a lesser or greater extent. Illiquid as it may be, today's Bitcoin prices (and volume) says a lot about the headlines of the day...
The fiat-currency-based price of a Bitcoin today has
risen (less confident in the status quo) and fallen (more confident) as
the day's headlines hit...
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