why-bitcoin-investors-aren’t-worried-about-this-price-pullback

Why Bitcoin Investors Aren’t Worried About This Price Pullback

Why Bitcoin Investors Aren’t Timorous About This Value Pullback

Critiques of correlation between bitcoin and equities miss the indisputable truth that bitcoin adoption within traditional markets has been pushed by a fiat fall down area.

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This episode is subsidized by Crypto.comBitstamp and Nexo.io.

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Today on the Brief:

  • Stock market continues its descent
  • Insider inventory promoting reached five-year high in August
  • President Trump promises more aggressive decoupling from China

Our main discussion: Investors and the BTC impress dip.

Over the closing plenty of weeks, bitcoin has pulled abet from $12,400 to round $10,000. This dip has came about alongside a broader retracement in equities, led by falling tech stocks. 

While some maintain levied correlation to equities as a failure of bitcoin, NLW argues this critique misunderstands the epic that has pushed accumulation from unique holders over the closing six months.

For more episodes and free early access before our traditional 3 p.m. Japanese time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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