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McDonald's McRib Doesn't Boost Bitcoin's Price, Experts Say
Crypto traders believe the reintroduction of McDonald's McRib to their menu will lead to a Bitcoin price increase. However, experts like Luke Nolan from CoinShares and Carlos Guzman from GSR argue there is no correlation between the McRib's reintroduction and Bitcoin's price. Nolan shared a chart showing only three out of ten McRib returns were followed by positive Bitcoin returns, often coinciding with price drops.