A look from the perspective of capital flows: Visa plans to acquire crypto custodian Fireblocks for approximately $2.5 billion.
When news breaks, two things often happen in the market at the same time:
· Early buyers take profits
· Money that only came in after seeing the news steps in
Which group is larger determines which way the price moves. $BTC 24h Trading volume: $1.847 billion. Watch for any unusual spike in volume.
#BTC
Just a casual note; make your own trading decisions.
When news breaks, two things often happen in the market at the same time:
· Early buyers take profits
· Money that only came in after seeing the news steps in
Which group is larger determines which way the price moves. $BTC 24h Trading volume: $1.847 billion. Watch for any unusual spike in volume.
#BTC
Just a casual note; make your own trading decisions.