Bitcoin's Upswing Is Reminiscent of 2019 Bull Revival

Bitcoin’s Upswing Is Reminiscent of 2019 Bull Revival


The leading cryptocurrency by market value has jumped nearly 40% to $23,000 this month, according to CoinDesk data. The rally follows a yearlong swoon that knocked 68% off the price followed by prolonged consolidation at the depths of the bear market around $18,000 and comes as the U.S. Federal Reserve (Fed) nears the tail-end of its liquidity tightening cycle that roiled risk assets, including cryptocurrencies.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend