US Dollar Falls, Bitcoin And Ethereum Climb (The Morning After … The Fed’s Announcement) Evergrande Bonds Stabilize

Appropriately, the song “The Morning After” is from the liquidity disaster film “The Poseidon Adventure.”

Here is chart of Bitcoin, Ethereum and the US Dollar Index after The Fed’s announcement yesterday at 2pm EST. The US Dollar fell and Bitcoin/Ethereum rose.

And then we have Evergrande bonds, hovering around $30 (down from par of $100). Waiting for the next shoe to drop.

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