Veteran Trader Calls Ethereum A Scam, Says Bitcoin The Only Crypto Bet That Will 'Finish The Marathon'
Portfolio Pulse from Mehab Qureshi
Veteran trader and analyst Peter Brandt has called Ethereum a scam and stated that Bitcoin is the only safe bet in the crypto market. Brandt has been a vocal supporter of Bitcoin for the long term and has previously stated his conviction that Bitcoin will outlast other coins.
June 12, 2023 | 10:30 am
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NEGATIVE IMPACT
Peter Brandt's claim that Ethereum is a scam may negatively impact investor confidence in ETH.
Peter Brandt's statement that Ethereum is a scam may lead to decreased investor confidence in ETH, potentially driving its price down in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Peter Brandt's statement on Bitcoin being the only safe bet in the crypto market may boost investor confidence in BTC.
Peter Brandt is a well-known trader and analyst with a large following. His statement that Bitcoin is the only safe bet in the crypto market may lead to increased investor confidence in BTC, potentially driving its price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100