There is nothing stopping people from using the opportunity afforded by the current economical crisis as a cover for participating in pump and dump strategies. It will be difficult if not impossible to ascertain the distinction between real regular long term investors transferring from stocks in to crypto versus those regularly investing in crypto but with a view to pump then dump therefore no graphical or statistical data can be cross-referenced.
Recent rallies of bankrupt companies stocks remind me of movements in altcoin markets, with their pump'n'dumps and trading of useless assets when there is basically nothing left behind them...
It kinda looks like the crypto traders have flooded the stock markets, or maybe just the same type of people who traded crypto, are now actively trading stocks
. The traces of crypto trading mentality seem to be present in mainstream financial markets ATM.
This is just an impression though...
It kinda looks like the crypto traders have flooded the stock markets, or maybe just the same type of people who traded crypto, are now actively trading stocks
. The traces of crypto trading mentality seem to be present in mainstream financial markets ATM.This is just an impression though...