Bitcoin price gains pull new investors into crypto, Fed experiment shows | TokenGuardHub

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Bitcoin price gains pull new investors into crypto, Fed experiment shows

Bitcoin price gains can draw new buyers into crypto by lifting expectations for future returns, a Federal Reserve Bank of Cleveland experiment found. According to the report, participants shown Bitcoin's previous 12-month performance became more bullish on crypto. They were about 2.5 percentage points more likely to own it in a later survey, researchers found. […]

Source: CryptoSlate

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