$BTC
In an August 28 Bitcoin Asia fireside discussion, CZ suggested that national crypto reserves should be BTC at over 50% and ETH at 10%-20%. However, on X this news was viewed 4,601 times and barely stirred up any ripples in the secondary market. Prices didn’t move in line with the consensus, which suggests that the current on-exchange buying crowd doesn’t really take the macro narrative seriously—so even the bulls don’t have the confidence to follow along.
In an August 28 Bitcoin Asia fireside discussion, CZ suggested that national crypto reserves should be BTC at over 50% and ETH at 10%-20%. However, on X this news was viewed 4,601 times and barely stirred up any ripples in the secondary market. Prices didn’t move in line with the consensus, which suggests that the current on-exchange buying crowd doesn’t really take the macro narrative seriously—so even the bulls don’t have the confidence to follow along.
