Odaily Planet Daily News NAB forex research director Ray Attrill No. 4: ‘BTC is ultimately a speculative asset. I am not surprised, this may be the purest ‘Trump trade’. From the perspective of regulation and the concept of easier trading assets, its pump is reasonable, although it now has its own vitality. The test is, if risk assets decline significantly at some point and major pullbacks begin to appear, how will cryptocurrency respond? I don’t know the answer.’ (Reuters)
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NABforex Research Director: The test for BTC lies in how to deal with significant pullback
Odaily Planet Daily News NAB forex research director Ray Attrill No. 4: ‘BTC is ultimately a speculative asset. I am not surprised, this may be the purest ‘Trump trade’. From the perspective of regulation and the concept of easier trading assets, its pump is reasonable, although it now has its own vitality. The test is, if risk assets decline significantly at some point and major pullbacks begin to appear, how will cryptocurrency respond? I don’t know the answer.’ (Reuters)