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home / news releases / OTLY - Wall Street Breakfast: Fickle Crypto


OTLY - Wall Street Breakfast: Fickle Crypto

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Fickle cryptoThe crypto community is once again divided on how to digest the latest Bitcoin (BTC-USD) crash, with the digital currency falling as much as 30% at one point on Wednesday to as low as $29,000. Some are attributing the crash to China's crackdown on crypto transactions, Tesla's (TSLA) recent decision to stop vehicle purchases with the crypto and J.P. Morgan citing moves by institutional investors that have swapped their Bitcoin positions for gold. Others in the FUD crowd (fear, uncertainty and doubt) say the finger pointing is not of much use, as the crypto scene is generally a volatile environment, and traders must be prepared to buckle up once there is a shift in sentiment.The bulls: "For investors that are thinking long term, this is

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Wall Street Breakfast: Fickle Crypto
Stock Information

Company Name: Oatly Group AB
Stock Symbol: OTLY
Market: NASDAQ
Website: oatly.com

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