Cryptoverse: Buoyant bitcoin's losing its liquidity
9 Articles
9 Articles
Cryptoverse: Buoyant bitcoin’s losing its liquidity
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since March 10, when the failure of Silicon Valley Bank (SVB) careered into mainstream markets. On the flip side, though, its li…
Cryptoverse: Buoyant bitcoin's losing its liquidity
Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has jumped 40 per cent to around $27,700 since March 10, when the failure of
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