Reported about 1 year ago
Bitcoin prices fell due to Mt. Gox initiating customer repayments, sparking concerns of a potential crypto market sell-off. Token Bay Capital's Lucy Gazmararian anticipates selling to be staggered and questions if significant selling will occur at all, as many may hold onto bitcoin long-term. While the summer may see quiet trading, Gazmararian emphasizes that the true test will come in the fall when markets pick up, determining if bitcoin faces a deeper correction than usual. For further insights and market updates, watch the full episode of the Morning Brief.
Source: YAHOO