stacksatsio on Nostr: The USD price is a gauge for the spot rate that a handful of centralised exchanges ...
The USD price is a gauge for the spot rate that a handful of centralised exchanges are currently trading BTC with one another. A fraction of the total supply effectively being self-dealt is setting global expectations.
3/4 of BTC is sitting in cold storage being ignored by the market - this will change.
Published at
2023-03-16 01:15:51Event JSON
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"content": "The USD price is a gauge for the spot rate that a handful of centralised exchanges are currently trading BTC with one another. A fraction of the total supply effectively being self-dealt is setting global expectations.\n\n3/4 of BTC is sitting in cold storage being ignored by the market - this will change.",
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