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Paradigm Venture: In the cryptocurrency field, no news is bad news

Paradigm Venture: In the cryptocurrency field, no news is bad news

Bitget2024/06/11 03:56

Bitcoin fluctuated on Tuesday, indicating that traders were nervous ahead of the release of U.S. inflation data and Federal Reserve monetary policy decisions. As of press time, BTC fell 1.64% to around $68,300, with Ethereum and other smaller tokens also declining. Paradigm co-founder Anand Gomes said that in the cryptocurrency field, no news is bad news. The market is like an addict, constantly needing positive news to maintain vitality. Therefore, when there is no good news, the path of least resistance is lower.

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