This Bitcoin Dip Was Not Caused by FUD

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While there was lots of FUD flying about, it had not been the genuine factor rates drew back so dramatically.

This episode is funded by Nexo.io.

Today on the Brief:

  • Home sales up, residence supply down
  • Biden’s very first examination on the stimulation
  • Euro pessimism

Our primary conversation: Why the bitcoin dip had not been causedby FUD

Anyone taking note today had factors for mad concern. Janet Yellen’s discuss criminal task. Persistent concerns aroundTether A non-story concerning a double-spend that obtained enhanced by conventional media.

In this episode, NLW says that none of these in fact describes the dip. Instead, he says, they were utilized by innovative investors to enhance the dip’s influence.

See likewise: First Mover: Bitcoin ‘Double-Spend’ FUD Gives Newbies a Volatility Lesson

Image credit history: Nuthawut Somsuk/Getty Images Plus