But, if you believe in efficient markets, then you’d have to think a pre-scheduled event that 99.9% of all bitcoin holders know about and eagerly await would have to be “priced in.” Then again, it’s hard to say crypto markets are efficient. And the same guys who thought up the Efficient Markets theory also said it’s impossible to find a $10 bill on the street, because, if it was there, it’d already be pocketed by someone. Yet I find (and lose) money all the time, and crypto traders sometimes make money off of market inefficiencies.
jumps to $76k as Iran says Strait of Hormuz ’completely open’ By Investing.com
Investing.com-- jumped above $76,000 on Friday after Iran declared the Strait of Hormuz completely open to commercial traffic during the...
