News Article Translation:
According to QCP Capital analysts, the price of Bitcoin may be affected by the uncertainty surrounding the potential release of Mt. Gox Bitcoin supply into the market before October. However, the team’s report suggests that this uncertainty may benefit ETH after the launch of the spot Ethereum ETF.
Meanwhile, analysts have observed a shift in traders’ attention towards meme coins. QCP Capital’s report states, “Traders are now focusing on meme tokens with higher beta values such as Shiba Inu Coin, Dogecoin, and Pepe. These tokens have seen price increases ranging from 10-20% and rank among the top ten in terms of open interest.”
Tags: MEME, Mt. Gox, QCP Capital, Bitcoin
Source Link: https://www.theblock.co/post/297593/bitcoin-faces-mt-gox-uncertainty-while-eth…
Note: The content of this article represents the author’s opinion and does not constitute investment advice.
Original Article Link: https://www.bitpush.news/articles/6822135
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