Crypto
Crypto is “staying in tune with the stock market” now — here’s why that’s a problem
There’s a scene from the television show Community, popularized as a meme, which could illustrate the state of the crypto markets. In the clip, Donald Glover walks into a room with a stack of pizza boxes in his hands, expecting to present them to grateful friends — only to discover abject chaos. A fire is raging out of control and a man is lying on the floor, bleeding from a gunshot wound. Likewise, if you suddenly parachuted into crypto last week, you would have found a more or less the same tableau.