That's historically a good sign for bitcoin, said Vijay Ayyar, vice president of corporate development at crypto exchange Luno.
"Yields plunge along with technology shares" in Standard Chartered's nightmare 2023 scenario, "and while the Bitcoin sell-off decelerates, the damage has been done," said Eric Robertsen, the bank's global head of research. "With higher interest rates, the attraction of holding or buying Bitcoin or other cryptocurrencies becomes less attractive since just holding the coin does not pay interest," Mobius said via email.Carol Alexander, professor of finance at Sussex University, wasn't far off the mark with her prediction that bitcoin would slip to $10,000 in 2022.The catalyst would be more dominos from the FTX fallout tipping over, Alexander said.
These items are a waste of investment money because they are not based on any commodity; merely a phantom which can disappear at any time, as we have seen.
So you're saying ' 1,400% rally or a 70% plunge ' that's some dang good advice right there!
thanks cnbc you guys are so helpful! lol
This news piece let me baffled, it’s unclear what I’m receiving from the reporter, except that sources for comments were not enough quizzed or well selected.
Hackers won't solve your problem on purpose. Lololol no matter how many fake bull runs you try
So… We don’t know
Please send me some btc 🙏 please. Sir 1AYr9n5X2rwrZWi12AEGEFoHnPhd6kUzuK