“The short-term question is whether this a sell-the-news moment. My guess is that it will take a little time to consolidate the recent gains, now that the big moment has arrived,” Timmer posted on X. “There were more than a few participants who ‘equitized’ future spot positions through either the futures market or bitcoin-sensitive equities.”
Related posts
-
Colorado Resident Loses $6,000 in Bitcoin to Phone Scammer
A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed... -
Dogecoin Rallies, Bitcoin ETFs Bleed Ahead of U.S. Elections
BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox... -
Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory
Este artículo también está disponible en español. As the United States braces for the outcome of...