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Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’

In the past 48 hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’

In the past 48 hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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