Artist’s impression of what Bitcoin did today…

Today was all about Bitcoin – no matter what kind of investor you are…

Several exchanges had glitches with GDAX down for about 25 mins as Bitcoin plunged off its intraday highs…

At its highs today, Bitcoin was bigger than Wells Fargo…

Is this what is fueling Bitcoin’s gains?

One Bitcoin can now buy 12.5 ounces of gold, it began the year at 1…

Equity indices were all higher on the day led by Trannies… (Dow and S&P lagged the Nasdaq and Small Caps)

FANG Stocks managed to get back to positive for the week…

Tech outperformed financials for the 3rd day in a row…

Banks opened lower (on Citi and tax news) but were bid into the European close…

High Tax outperformed low tax…

USDJPY and Stocks decoupled (as the former pushed on up to 113.00 and sequities ignored it)…

Bond yields caught up to Nasdaq…

Stocks seemed to dislink the extra curve steepening today…

Treasury yields were higher on the day…with the long-end pulling back to unchanged on the week…

With the curve steepening after President Trump said he was ready to begin his infrastructure plan… this was the 2nd biggest curve steepening in 2017

The Dollar rallied for the 4th day in a row…

Cable was the most noisy currency of the day amid on-again, off-again Brexit headlines…

WTI rebounded a bit today but copper, and PMs extended the week’s losses…

Gold and Silver were clubbed like baby seals today…both ended at their lowest levels since July…

Silver underperformed gold again pushing the gold/silver ratio to almost 80x – the highest since April 2016

http://www.zerohedge.com

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