Interpreting the ‘Buy on Rumors, Sell on News’ phenomenon in the cryptocurrency market
The cryptocurrency market experienced a significant drop of 7.5% last week. ‘Buy on the rumor, sell on the news’ behavior coincides with Bitcoin ETF approval. Panic selling and market declines can paradoxically lead to market rebounds. Technology, Science, AI, Gaming, Business and Finance News: Newslinker.coContinued…