The DXY Stampede - Crypto and Stocks Getting Crushed

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    coinlogic.online

    Published on May 02, 2022
    About :

    Hello welcome back to another Monday Market Update with Coin Logic TV sponsored by Comdex who supports our validator node at carbonZERO.

    Well the DXY is on a stampede! With all the global tensions, people are currently fleeing the dollar, causing the value of the dollar to way exceed the 100% value of the basket of currencies and assets it is pegged against.

    Basicaly when the dollar is up, all other assets are down. That is what happens when people start to flee into the "stablility" of the dollar. For us, it's into stablecoins at least.

    Watch the video for the chart analysis and where I think the market is heading.

    CL dividers-02.png

    Nothing we say is financial advise.

    This is for educational and recreational purposes only!

    Stay safe in these volatile markets and don’t get rekt!

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