‘Tends To Happen on Wall Street' – Morgan Creek's Mark Yusko Explains How Bitcoin ETFs Contribute to BTC Chop

Hedge fund veteran Mark Yusko believes that the launch of Bitcoin exchange-traded funds (ETFs) has given Wall Street some control over the price action of BTC BTC - $62779.922 In a new interview with crypto podcaster Scott Melker, Morgan Creek's Yusko says that he's not seeing signs of intense selling pressure in both the spot and ETF markets.

Source: dailyhodl.com

Related symbols: BTCUSD

2024-09-02 20:15:01 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $62779.922

Volume 24h: $43,666,752,063.18

Market Cap: $1,240,298,966,524.15

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.