News for hackers. Stuff that matters.

A comment on $130B wiped off crypto markets in 24 hours. Parent comment

Re:$130B wiped off crypto markets in 24 hours by carabiner on Monday January 24, 2022 @09:12AM (#30057747)
What's the catalyst for all this? Did it start with Netflix?
[ Parent | on HN ]
Re:$130B wiped off crypto markets in 24 hours by akmarinov on Monday January 24, 2022 @09:15AM (#30057791)
Rates are going up, so stocks are being cashed out to be invested in better yielding bonds
[ Parent | on HN ]
Re:$130B wiped off crypto markets in 24 hours by iso1631 on Monday January 24, 2022 @10:42AM (#30058996)
What rate are you getting on bonds today?

What did you get last month?

[ Parent | on HN ]
Re:$130B wiped off crypto markets in 24 hours by podgaj on Monday January 24, 2022 @09:41AM (#30058110)
I want to push the cause further back. The problem is not that rates are going up, the problem is that rates were close to zero for so long,
[ Parent | on HN ]
Re:$130B wiped off crypto markets in 24 hours by tim333 on Monday January 24, 2022 @09:48AM (#30058237)
Personally I sold all my crypto after reading Grantham's thing on Friday. https://news.ycombinator.com/item?id=30036797
[ Parent | on HN ]
Re:$130B wiped off crypto markets in 24 hours by carlivar on Monday January 24, 2022 @09:15AM (#30057785)
Fed rate policy
[ Parent | on HN ]