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Monday, May 8, 2017

The Second Wave of Bitcoin Price Growth May Just Be Beginning

The Second Wave of Bitcoin Price Growth May Just Be Beginning

Something interesting has been happening the last couple of weeks.

I'm pretty well connected to a lot of veterans in crypto, and independently, we've all been fielding inquiries from smart money investors, the non-technical types who are now ready for a hedge instrument against global uncertainty.

Our basic conclusion is that what we're seeing right now is a whole lot of new money coming into the cryptocurrency markets.

Some have been perplexed with this unprecedented rise, and it's easy to see why. The total market cap of the space is now $46.5bn, a figure that's up roughly 50% over the last few weeks.

Full story at http://bit.ly/2p9b7Ml

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