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Oanda's Market Analyst: Crypto Winter Could Be Over As Investors Add To Positions

Amy Liu

Summary: Edward Moya, senior market analyst at foreign exchange Oanda, told CoinDesk TV on Tuesday that there’s a chance crypto winter could be over. He said, "some crypto investors are beginning buy more bitcoin (BTC) and other cryptocurrencies, despite recent bad market news." Moya added that crypto may not be out of “choppy” waters for the ...

Edward Moya, senior market analyst at foreign exchange Oanda, told CoinDesk TV on Tuesday that there’s a chance crypto winter could be over. He said, "some crypto investors are beginning buy more bitcoin (BTC) and other cryptocurrencies, despite recent bad market news."

Moya added that crypto may not be out of “choppy” waters for the next few months. But he said, "if risk appetite for bitcoin continues to grow, we could see the momentum really come into place and take crypto much higher.”

By Amy Liu

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Link: Oanda's Market Analyst: Crypto Winter Could Be Over As Investors Add To Positions   [Copy]
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