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Webull CEO suggests Bitcoin has no real fundamentals

Share In2021-10-2817255 Views
Finbold reported that Anthony Denier, the CEO of retail investment platform Webull, has suggested that the asset’s volatile nature is not surprising. Speaking to CNBC, Denier suggested that the volatility is partly due to Bitcoin’s lack of critical fundamentals and is mainly influenced by news around cryptocurrencies. He indicated that some cryptocurrencies benefit from conversions around social media and the same platforms also result in the correction of such digital currencies.

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