Oil's $100 hope dashed, Bitcoin worsens chip shortage [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

US crude plunges 9%, dashes hope for an advance to $100 per barrel. Reflation trade continues in a panic mode sending Tesla, GameStop and Roblox lower. Bitcoin contributes to global chip shortage and raises questions on the viability of the coinization.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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