Here are the United States’ “Wild Cards” Bringing Down Stocks, Bitcoin & More

The same reasons for prompting a selloff and profit-taking in stocks are also spilling into cryptocurrencies that have only just recently come out of a bear market, Could these cards eventually act like an ace up the sleeve for investors who buy the fear over the next few months? RELATED READING | HOW TURNING STOCK MARKET SENTIMENT COULD DRAG BITCOIN DOWN FURTHER These markets made a shocking recovery to set new 2020 highs, and are suddenly now at risk of another reckoning, but why?.

Another deep collapse in stocks due to the current wild cards dealt could also do serious damage to the barely recovering cryptocurrency market. With so many wild cards related to the United States, US equities, and by correlation, Bitcoin, could be in for some additional downside in the days ahead.

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