Big Investors Who Raised Bitcoin Price Might Now Lower It


“Customer interest has become more focused on the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack wrote, according to the newspaper. ETH stands for ether, the native cryptocurrency of the Ethereum blockchain. “This is Important because, as more and more institutions await the first results of the White House Executive Order on Crypto Regulation and the merger of ETH with ETH 2.0, current price behavior will continue to be determined by TradFi assets." (ETH 2.0 is short for a planned upgrade to the Ethereum network, and “TradFi” is crypto industry slang for “traditional finance.” Old world, if you will.)