Historical market drawdowns could signal the dawn of a digital currency era

Quick Take Historical data underlines a recurring pattern of significant drawdowns in both stocks and bonds, often preceding seismic shifts in US monetary policy. Back in 1931, the market witnessed a hefty 40% drawdown in stocks and a 7% drawdown in bonds. Two years after this event, President Franklin Roosevelt initiated Executive Order 6102, which […] source: https://cryptoslate.com/insights/historical-market-drawdowns-could-signal-the-dawn-of-a-digital-currency-era/