# Cryptocurrency is Not a Fad

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Last modified: 2021-05-11

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By Paul Ebeling · 2021-05-11
Tags: Shayne Heffernan on Investments, stocks, DJIA, DIA, SPY, QQQ, VXX, inflation, Headline News, CPI, Paul Ebeling, VIX, Bitcoin, SPX, currencies, Crypto, crypto, Cry, ether, RUT
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#cryptocurrencies #dogecoin #ElonMusk

$DIA $QQQ $SPY $RUTX $VXX $BTCUSD #ETHUSD

"*The cryptocurrency industry builds on it yearly successes and continues to strengthen its position as a Key alternative to traditional fiat (paper) currencies and financial institutions*"-- Paul Ebeling

Elon Musk's preferred cryptocurrency, dogecoin, is recognizable from its trademark picture of a dog and that may be a fitting mascot for a new class of traders looking to be this generation's more domesticated Wolves of Wall Street.

 The Big Q: Is cryptocurrency the future or a passing fad?

The Big A: As any cryptocurrency holder knows, blockchain technology has a wealth of applications to apply to enhance operations within any global industry. 

[See the LTN crypto archive, click here.](https://www.livetradingnews.com/?s=Crypro)

Tuesday, the Benchmark US stock market indexes finished at: DJIA -473.66 at 34269.16, NAS Comp -12.43 at 13389.46, S&P 500 -36.33 at 4152.10. The Russell 2000 decreased 0.3%.

Volume: Trade on the NYSE came in at 995-M/shares exchanged

HeffX-LTN's overall technical outlook on the major US stock market indexes is Bullish to Very Bullish in here

- DJIA +12.0% YTD
- Russell 2000 +11.8% YTD
- S&P 500 +10.5% YTD
- NAS Comp +3.9% YTD

Looking Ahead: Investors will receive the Consumer Price Index for April, the Treasury Budget for April, and the weekly MBA Mortgage Applications Index Wednesday. 

Have a healthy day, Keep the Faith!

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