Bitcoin’s Unmoved Stance Amidst U.S. Crypto Reserve, Anticipation Rises Over The ‘Flywheel Effect’

Despite the recent development of the U.S.’s plans to construct a substantial Crypto Reserve, the price of Bitcoin has spectated a puzzling immobility. Analysts had predicted a clear economic turbulence following the announcement, however, Bitcoin seems to have turned a blind eye. But experts are now pointing to a new phenomenon, called the ‘Flywheel Effect’ that could yield speculative changes. nnThe Flywheel Effect is a concept drawn from Physics. In this context, it can be visualized as the force that keeps Bitcoin moving despite the seeming economic inertia. The U.S. Crypto Reserve announcement may not registers immediate impact on Bitcoin’s price, but the Flywheel effect suggests a steady, though slow, accumulation of impacts that could turn the tables. nnWhether this effect will come into play, and to what extent it can influence Bitcoin’s price remains a subject of intense deliberation. Meanwhile, Investors are advised to tread cautiously in the face of this complex market dynamic. Read More