Bitcoin’s Market, Price Movement Yet To Attain Clarity: eToro’s Guy Hirsch

in #bitcoin • 5 years ago

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Bitcoin’s Market, Price Movement Yet To Attain Clarity: eToro’s Guy Hirsch

In a recent interview with Yahoo Finance, Guy Hirsch, Managing Director of eToro, expressed his opinion on the matter of Bitcoin manipulation. Hirsch was quick to point out that crypto-markets are still in their “infancy,” adding that people are yet to comprehend and understand completely how prices and the market work in the ecosystem.
Hirsch also continued to stress on the fact that the virtual asset class is still relatively new. The lack of fundamentals and core consensus metrics in terms of evaluating and tracking the price movement of Bitcoin suggests that market maturity is yet to be attained.
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