Three Important Bitcoin Price Measures Show How Unenthusiastic Traders Are
Although the price of bitcoin rose 5.5% on August 6, it was unable to stay above $57,000 despite strong momentum in conventional financial markets. The Euronext 100 index increased by 2.2% while the price of oil soared by 2.8% on August 7. Derivatives measures suggest a lack of enthusiasm, therefore market-specific factors are more important […]
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