Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
The Daily Hodl 2022-04-17 20:00:05

Bitcoin (BTC) in the Eye of the Storm, According to Glassnode Co-Founders – Here’s Why

The co-founders of leading analytics firm Glassnode are warning Bitcoin traders that the current macroeconomic backdrop could ignite another sell-off event for BTC. In Glassnode’s latest newsletter, Jan Happel and Yann Allemann say that Bitcoin’s correlation to risk-on assets remains high, suggesting that a correction in the US stock market will likely drag down BTC […]The post Bitcoin (BTC) in the Eye of the Storm, According to Glassnode Co-Founders – Here’s Why appeared first on The Daily Hodl.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.