Crypto markets 'between a rock and a hard place,' Peter Brandt says

Cointelegraph

Published Sep 09, 2020 04:58PM ET

Updated Sep 10, 2020 12:20AM ET

Peter Brandt, long-time trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on the current crypto market, describing the price action stuck between two difficult giants.

"Bitcoin and Ethereum — those really, for me, is where the game is played," Brandt told Cointelegraph in a Sept. 9 interview when asked about his thoughts on Bitcoin for the days and months ahead. As the two largest market cap assets in the crypto space, BTC and ETH each hold a large following, with their actions indicative of market health and likely subsequent ripple effects, depending on their activity.

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