Bloomberg analyst: Not overly concerned about bitcoin's short-term pullback, considering that Trump may take measures to boost the stock market
2025-01-13 13:14:55
Bloomberg senior etf analyst eric balchunas tweeted as high volatilitydesk3cryptocurrencydesktopCrypto News
Bloomberg senior ETF analyst Eric Balchunas wrote that as a highly volatile asset, Bitcoin's greatest risk comes from the downside movement of the traditional stock market. Although gold also fell, the decline was relatively small. He is not overly concerned about a short-term correction in Bitcoin, considering that Trump may take measures to maintain the stock market's rise, but the market trend remains uncertain.
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