An analysis has emerged that suggests that Mt. Gox is the reason why the virtual currency (crypto asset) market, including Bitcoin, was unable to keep up with the rise in the New York stock market the previous day.
According to online foreign exchange media Forex Live, analyst Adam Button said, "The virtual currency market did not move in a similar manner to the stock market yesterday. This is
"It may be related to the redemption volume of Mt. Gox," he continued. "The US Nasdaq Index has recovered to the level of July 31, before Black Monday.
"This is due in part to growing interest in artificial intelligence (AI), but also to the interpretation that global economic growth is favorable," he added.
2024/08/16 15:45 KST
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