Why Bitcoin Investors Aren’t Worried About This Price Pullback
Today on the Brief: Stock market continues its descent Insider stock selling reached five-year high in August President Trump promises more aggressive decoupling from China Our main discussion: Investors and the BTC price dip. Over the last several...
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Show Notes
Today on the Brief:
- Stock market continues its descent
- Insider stock selling reached five-year high in August
- President Trump promises more aggressive decoupling from China
Our main discussion: Investors and the BTC price dip.
Over the last several weeks, bitcoin has pulled back from $12,400 to around $10,000. This dip has happened alongside a broader retracement in equities, led by falling tech stocks.
While some have levied correlation to equities as a failure of bitcoin, NLW argues this critique misunderstands the narrative that has driven accumulation from new holders over the last six months.