Introduction: This is a tiktok video published by Alexander Lorenzo. The video has now received more than 283 likes, 18 comments and 46 shares. It is deeply loved by fans. The following is the specific data and similar videos. Address, you can complete the operation on this page by clicking play or bookmarking the video.
People often overlook how groundbreaking the Ethereum (ETH) development is. Even though it has already received approval, we haven't begun accepting funds from ETH yet. To give you some perspective, Bitcoin’s performance is unprecedented: it broke its previous all-time high even before the Bitcoin halving, an event that has never happened since Bitcoin's inception. As someone who has been analyzing and researching this space for eight years, I can confidently say there’s no event more monumental than a SPOT ETF approval. Unlike regular ETFs, which historically have led to market downturns by not actually purchasing the underlying asset, a SPOT ETF fundamentally changes the game. It actively buys the asset, whether it’s Bitcoin or Ethereum, directly influencing supply. And when you understand the basic principles of supply and demand, it’s clear: decreasing supply coupled with increasing demand drives prices upward. For Ethereum, this is massive. A SPOT ETF approval means Ethereum is being taken off the market, creating scarcity and driving up its value. We’re on the verge of seeing significant price movements influenced by this alone. It's crucial to understand these dynamics and how they could shape the future of crypto investing. #tiktok #fyp #viral #Crypto #Bitcoin #bitcoinhalving #Cryptocurrency #Ethereum #solana
Duration: 78 sPosted : Thu, 13 Jun 2024 16:59:53Views
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