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Add as a preferred source on GoogleTrader Killa Says Bitcoin’s Muted Response to Stock Rally Calls for a Break
Killa cited 3% and 6.6% rebounds in the S&P 500 and Nasdaq. He also noted after-hours losses in both indexes and a 1.1% decline in Bitcoin.
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Crypto trader Killa said he would take a temporary break from markets after Bitcoin (BTC) showed little response to a U.S. stock rebound and later fell 1.1%.
Killa said the S&P 500 had rebounded 3% and the Nasdaq 6.6%, while Bitcoin showed little response. He said the indexes later fell 0.5% and 0.65%, respectively, in after-hours trading. Killa also cited a 1.1% decline in Bitcoin.
He expressed frustration with the divergence and said it was time to step away from the market and rest.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.