The Pomp Letter
The Pomp Letter
Bitcoin, Rumors, Price Movements, And Market Maturation
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Bitcoin, Rumors, Price Movements, And Market Maturation

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To investors,

There was absolute madness in the bitcoin and crypto markets over the weekend. Well, madness compared to the traditional markets that it is. On Saturday night, Bitcoin and other assets went into a free fall. Bitcoin’s price dropped from around $60,000 to approximately $51,000 in less than an hour.

This type of 15% sell-off, especially one t…

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