Today TUT rose from 0.06 to 0.13 Let's see when my friends bought it and when it was released. Friends who miss the pump see this picture, don’t you feel very happy?
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A positive sign for the crypto bulls is that gold (XAU) made a new high above $3,500 (per ounce) on Tuesday. History shows that BTC follows gold with a lag. BTC’s median rise following gold’s new all-time high is 30% at three months, and 225% at 12 months. If history repeats, BTC could rally to the $135,000 to $145,000 zone by early December.
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the stock market's reaction was far less than expected. Sharp interest rate cuts failed to reverse the decline in the capital market, and the three major stock indices still closed lower between 2001 and 2003: the Dow Jones Industrial Average fell 1.8%, the S&P 500 fell 13.4%, and the tech-heavy Nasdaq plummeted 12.6%. The experience of this period demonstrates that even significant monetary easing is unlikely to immediately counteract the profound impact of a structural bubble burst.
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