Beam CEO: BTC volatility suggests traders are re-speculating on Bitcoin halving positions
Deeptide TechFlow news, according to Decrypt, Beam CEO Andy Bromberg said that Bitcoin fluctuations indicate that traders are re-guessing whether they have priced in the next BTC halving.
Decrypt explains: “This is similar to how GPS arrival times fluctuate during a trip. It always resets on the assumption that you (or your bike or car) will maintain your current speed for the rest of the journey. Calculated. Of course, that’s not always true.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anchorage Digital has applied for a Federal Reserve master account.
Former SEC Chairman Gensler says he is "proud" of taking enforcement actions to regulate cryptocurrencies
Tether issued an additional 1 billion USDT 3 hours ago.
Trending news
MoreCrypto prices
More
