Post
Topic
Board Bitcoin Discussion
Re: BAKKT launching tomorrow but BTC price falls?
by
virasisog
on 23/09/2019, 08:02:34 UTC
Why isn’t the official launch of BAKkT driving btc prices up but instead it’s going the opposite way?

Are investors afraid of a massive dump coming up or what are the possible reasons there isn’t any traction for BTC price ?

Seems like everybody is waiting for the effect but So far this Bakkt's future launch is having a little effect on the market.
Bitcoin price now is moving around $9800 to $10000. I guess the effect of Bakkt trading will be seen in much longer time period.