Bitcoin & Layer 2s
Bitcoin Is A 'Veblen Good,' Galaxy Research Head Says — The Pricier It Gets, The More People Want It, As Trading Desk Splits 50/50 On The Bottom - TradingView
.1 min read
Galaxy Research's head stated that Bitcoin behaves as a "Veblen good," where demand increases as its price rises. This observation comes as the trading desk is divided on predicting Bitcoin's market bottom, with opinions split evenly.
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