Bitcoin's Price Surge: No New Buyers in Sight

Bitcoins recent price surge may seem promising, but a closer look reveals a lack of new investor interest. The digital currencys recovery over the past three weeks was primarily due to short covering, not new buyers. Despite a positive outlook on prediction markets, actual buying pressure from new investors is missing. Bitcoins future hangs in the balance as we approach the end of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.