GSR Analyst: Bitcoin Price Volatility Is Mostly Driven by Sentiment, Not Fundamentals
2024-10-11 16:26:39
GSR analysts said that the unpredictable price fluctuations of Bitcoin are mainly driven by sentiment rather than fundamentals. The monetary policies of the Federal Reserve and the Bank of Japan are worth watching, as are the upcoming economic data or market information data in the United States. The United States is moving towards a mild landing. GSR believes that this is a positive catalyst for cryptocurrencies.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Spot gold broke through $2,660 an ounce, up 1.16% in the day.
