Eric Balchunas, Bloomberg’s senior Bitcoin ETF analyst, suggests that the price performance of the world’s Bitcoin is independent of spot Bitcoin ETF exchange flows. Although the BTC ETF activities that trigger Bitcoin transactions are typically implied to determine Bitcoin market movement, Balchunas pointed out that “bigger forces” also influence the game. This remark has been The post Analyst Says Bitcoin Price Influenced by Forces Beyond BTC ETF appeared first on CoinGape .
