BTC price clings to $31K as Scaramucci says GameStop boom ‘good for Bitcoin’ By Cointelegraph

BTC price clings to $31K as Scaramucci says GameStop boom ‘good for Bitcoin’

(BTC) showed little signs of improvement on Jan. 27, but one major fund believes that it will benefit from new trends among investors. At the same time, all eyes have been on GameStop (NYSE:) price volatility this week.

By comparison, GME has dwarfed BTC in gains so far this year, up over 3,000% percent with some analysts calling the jaw-dropping rally “dangerous.”

BTC vs. GME stock (orange) performance. Source: TradingviewBitcoin and Ether year-to-date performance. Source: Digital Assets Data

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