Why Nostr? What is Njump?
2024-11-08 07:13:14
in reply to

cointelegraph.com11 on Nostr: Several analysts believe that Bitcoin's recent price surge is not a sign of ...


Several analysts believe that Bitcoin's recent price surge is not a sign of overheating, but rather a reflection of ongoing positive momentum. Galaxy's head of research, Alex Thorn, notes that the market does not look overheated from a fundamental perspective, and Nansen analyst Aurelie Barthere adds that the recent upward movement in crypto is a result of traders re-risking after the US presidential election. Meanwhile, Bitcoin's funding rate remains mostly unchanged, indicating that traders are optimistic about the cryptocurrency's price.

#AlexThorn #AurelieBarthere #MatthewHyland #DonaldTrump #neutral #technology

From a fundamental standpoint, Bitcoin is showing no signs of the asset overheating, according to Galaxy’s head of research.
https://cointelegraph.com/news/bitcoin-all-time-highs-not-overheated-signals-crypto-analysts

Author Public Key
npub1gnv4456q4hkhmmm37qv40nfh0ee7tmz8esr65ets59nrnhr9cs7stss2l5