Samson Mow Affirms Bitcoin's Solid Fundamentals Amidst Market Fear
CryptoNewsTerminal Staff07 Sep, 2024
Samson Mow Affirms Bitcoin's Solid Fundamentals Amidst Market Fear
Samson Mow, renowned CEO of Bitcoin technology firm Jan3 and former advisor to El Salvador, recently shed light on the current market sentiment, emphasizing the extreme fear stage as indicated by the Crypto Fear & Greed Index. Despite the overarching market fear, Mow underscores the enduring strength of Bitcoin's fundamentals, asserting that they will ultimately guide the market's trajectory over the long term. He posits that the current pullbacks, including the FTX collapse, are temporary setbacks in the face of Bitcoin's upward trajectory.