“The ChiNext Index’s decline widened to 3%” trended (No. 7), and $BTC , linked to stock market movements, was also mentioned.
For market buzz to affect crypto prices, it has to pass three tests:
① Discussion: Will the community start talking about it?
② Trading volume: Has turnover increased noticeably?
③ Persistence: Can the buzz last for a day or two?
$BTC is currently priced at 81966.57, down 1.48% over 24 hours. It only counts as a genuine correlation if it passes all three tests. If it only gets through the first, it will probably be a brief flurry of excitement.
The biggest buzz often comes when opinions are most divided.
#BTC
Crypto markets are volatile; use leverage with restraint.
For market buzz to affect crypto prices, it has to pass three tests:
① Discussion: Will the community start talking about it?
② Trading volume: Has turnover increased noticeably?
③ Persistence: Can the buzz last for a day or two?
$BTC is currently priced at 81966.57, down 1.48% over 24 hours. It only counts as a genuine correlation if it passes all three tests. If it only gets through the first, it will probably be a brief flurry of excitement.
The biggest buzz often comes when opinions are most divided.
#BTC
Crypto markets are volatile; use leverage with restraint.