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CoinTurk News 2023-09-16 14:35:20

Uncertainty May Continue After a Quiet Summer, Warns CoinShares CSO Meltem Demirors

Meltem Demirors, the Chief Strategy Officer (CSO) of CoinShares, Europe’s largest asset management company, has warned investors that uncertainty may persist after a relatively quiet and low-volatility summer market conditions. “Uncertainty Keeps Market Participants Out of the Market” In a recent interview with Bloomberg, Meltem Demirors highlighted the high level of uncertainty in the cryptocurrency market and how it is keeping various market participants out of the market. She stated, “Emotions correspond to the flow of money into the market, and despite all the great news, we can see that this summer is a period of indifference.” During the interview, Demirors also said: There have been inflows into cryptocurrency-based investment products, and there was a boom in Bitcoin when BlackRock applied for a spot Bitcoin exchange-traded fund (ETF). The post Uncertainty May Continue After a Quiet Summer, Warns CoinShares CSO Meltem Demirors appeared first on COINTURK NEWS.

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