Tom Lee, managing partner of financial research and advisory company Fundstrat, explained the main factor driving the Bitcoin price up.
Bitcoin price increased as a result of the panic in the market following the inflation data from the USA the other day. a short-term decline lived. However, the price from miners And From Grayscale Bitcoin Trust (GBTC) It was supported by the decrease in sales pressure caused by
to CNBC speaking Tom Lee says one of the most positive developments for Bitcoin price spot exchange traded funds (ETFs) are told.
With the establishment of spot ETFs Ways to buy Bitcoin “a big change” Lee, who said he was alive, made the following comment:
“(ETFs) have made it easier for people with traditional exchange accounts to buy Bitcoin. I think this is a very good development because people can their private keys “They can get exposure to Bitcoin without having to store it.”