Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains

Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin’s Recent Gains

“The Merge narrative on ETH has been getting a little cloudier,” said Joshua Lim, head of derivatives at Genesis Trading. “The complications around a proof-of-work fork could create some market dislocations and the geopolitics of Pelosi’s Taiwan visit are weighing on price.” (Genesis is owned by Digital Currency Group, which also owns CoinDesk.)

Originally Posted on: https://www.coindesk.com/markets/2022/08/02/first-mover-asia-fed-fears-and-pelosi-taiwan-trip-reverse-bitcoins-recent-gains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Reynolds, Helene Braun, Bradley Keoun

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