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A comment on Crypto crash deepens, stocks slip. Parent comment

Re:Crypto crash deepens, stocks slip by virgilp on Wednesday May 19, 2021 @10:04AM (#27208777)
If SPY dropped to the level where it was at the start of the year, would we call it a crash?

Also, maybe BTC is not like SPY but more like TSLA.

[ Parent | on HN ]
Re:Crypto crash deepens, stocks slip by arcticbull on Wednesday May 19, 2021 @10:42AM (#27209321)
Honestly, if SPY returned to 368, a 13% draw-down from the near-term peak, the financial press would lose their damn minds. That's half way between correction and bear market territory.
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