News
Boeing BA Has Lost 70% Of Its Value
Since the start of the year, Boeing stock has lost about 70% of its value and 78% from All-Time-High. It was due to open below $100 per share on March 19 after trading at nearly $350 as recently as Feb. 12.
Boeing (BA) has now erased all of its gains for the year and is in negative territory, is behaving more like a risk asset such as equity.
At the same time, BTC has lost only 12% from YTD (Year-to-date) and 68% from ATH.
On this background, Bitcoin looks like a safe haven asset to park money when stock markets are facing turmoil.
https://cryptorank.io/performance
