RE:Cryptocurrency selloff today hurt usJayOttawa wrote: The regulatory issues brought up by China and South Korea encouraged a selloff in the cryptocurrency markets today, in turn most of the Blockchain stocks were down as well. IMO that provoked some knee jerk selling of CUV today. The sector should rebound shortly and we can get get back into the green!
This is true as well, but I also think the sp is currently not controlled by retail. The ~500K dump by National Bank at .30 this morning and the subsequent repurchase of roughly the same quantity late in the afternoon @ .285-.29 might be some major manipulation. Especially as I watched orders on the ask get moved strategically all day.
Jmob