What we are seeing in the markets in the past week is more of the same rhetoric from the week before. Bulls are trying to catch the latest whiff of positivity regarding Bitcoin’s price
As always, it’s important to take a step back to see the forest for the trees. We are still in a record-breaking unstoppable bull run in the equity markets. Gold is up 16% YTD with WTI Crude Oil up 21%. And despite two rate cuts this year, American bond markets this year has returned a strong 6%. US unemployment rates are still at record lows and a glimmer of hope in the US-China trade war on Friday gave some positivity to the markets. So, what’s the next thing that could give BTC the jolt that it needs?
The world of money has been operating on the same system for years and years: government-backed currencies being stored in large traditional banks. However, with the invention of