Paradigm Co-founder: In the cryptocurrency world, no news is bad news
Bitcoin experienced fluctuations on Tuesday, indicating that traders are nervous before the release of US inflation data and the Federal Reserve's monetary policy decision. As of the time of writing, BTC fell by 1.64% to around $68,300, and Ethereum and other smaller tokens also fell. Anand Gomes, co-founder of Paradigm, said that in the cryptocurrency field, no news is bad news. The market is like an addict, constantly needing positive news to sustain its vitality. Therefore, when there is no positive news, the path of least resistance is lower.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget to Adjust CFD Leverage During Special Trading Periods in the First Week of September 2026
New spot margin trading pair — DGAI/USDT!
CandyBomb x TMX: Trade to share 1,150,000 TMX
[Initial listing] Bitget to list TermMax (TMX) in the DeFi zone
Crypto prices
More
