Ackman who manages the Pershing Square fund announced: “The US regulators’ $30 billion plan to prevent a major liquidity crisis at First Republic Bank has raised new questions instead of solving the problem.” Ackman He also stated that these measures will not have a positive effect on the performance of banks in times of crisis.
Warren Buffett, one of the founders and the largest shareholder of Berkshire Hathaway, saw the rapid decline in the value of his assets as the US banking crisis intensified. For example, Berkshire Hathaway is the largest holder of bank shares in the United States, whose assets have decreased by 15.5% to date, and this shows a decrease of $5.2 billion in capital. Texture has it.
Texture, the famous critic of cryptocurrencies, has declared that he has no interest in Bitcoin and will not buy it even if it is traded at the price of 1300 dollars. This 91-year-old investor, with a net worth of 102 billion, claimed that Bitcoin does not produce value, while agricultural land and real estate are valuable.
However, the price of Bitcoin has increased by 31.5% in the last 6 months, compared to Berkshire’s increase of 5.8%.
Increase transactions in futures markets
Traders can gauge market sentiment by measuring the volume of buy and sell transactions. Generally, call options are used for bullish strategies while put options are used for bearish strategies.
Since March 12, the demand for neutral and bullish options has increased, which indicates the increased risk appetite of futures market traders. This movement peaked on March 17, when the volume of call options exceeded the volume of put transactions by a ratio of 3:1.