John Maynard Keynes developed in interesting concept to explain price fluctuations in markets.
This concept can be applied to several asset categories in which information about the underlying value is poor.
This theory might explain part of why the price of Bitcoin and cryptocurrency has been so volatile over the years.
In a famous book from the year 1936, The General Theory of Employment, Interest and Money, John Maynard Keynes introduced an interesting theory to explain price fluctuations in markets. In this article, I will