FOMO Effect Once Again Ripples Through Crypto World

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ValueWalk

“The FOMO effect is once again rippling through the crypto world, bouncing the price of Bitcoin near all-time highs. Q3 2021 hedge fund letters, conferences and more Investors Are Feeling The FOMO EffectIt gained $2,000 dollars in just two hours earlier today as it surged back up towards yesterday’s record level above $66,930. Speculators are fearful of missing out on future price gains, amid expectation that the green light given this week to the Bitcoin futures ETF in the US will swing open the saloon doors to more entrants into the crypto Wild West. The move does seem to have added more leg…

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