Meme-stock speculators ditching Bitcoin is good for crypto
Meme-stock speculators are falling out of love with Bitcoin – and this could be good for the cryptocurrency market, as crypto assets were swept up in broad selling of riskier assets last week, said the CEO of a leading financial advisory and fintech.
Crypto advocate Nigel Green, CEO and founder of the deVere Group, explained that as central banks try to normalise monetary policy and ween financial markets off the sweet lure of free money and unprecedented support, the memers have fallen out of love with Bitcoin and other serious cryptocurrencies....
Click to view: Cyprus Forest Fire News - Live
Article automatically added to our system on Monday, May 16, 2022
Contents of this article including associated images are © FinancialMirror 2024
Views & opinions expressed are those of the author and/or FinancialMirror .
You may also like the following pages:
More from FinancialMirror | Latest News | Trending News | Local News | Weather | Webcams | Restaurants | Flights