Odd Lots
Crypto Is Just a ‘Hot Ball’ of Momentum-Chasing Money, New Paper Says
This is what happens in the absence of fundamentals.
An illustrative fireball (or a sun solar flate).
Source: NASAThis article is for subscribers only.
In physics, momentum is the force gathered by a moving object. In investing, it’s the ability for prices to keep going up or down.
In crypto, momentum might just be the foundational characteristic.