Bitcoin’s resurgence this week has been rapid.
The world’s largest digital currency has since rocketed back toward
$73,000 after dropping to about $63,000 after the weekend U.S.–Israel
strikes on Iran. That level is its strongest in almost a month.
At first glance, the move appears to be a straightforward risk bounce.
But several factors are converging on the rally, and they extend beyond
simply traders buying the dip.
ETF money is flowing back in
#MarketRebound #AIBinance
The world’s largest digital currency has since rocketed back toward
$73,000 after dropping to about $63,000 after the weekend U.S.–Israel
strikes on Iran. That level is its strongest in almost a month.
At first glance, the move appears to be a straightforward risk bounce.
But several factors are converging on the rally, and they extend beyond
simply traders buying the dip.
ETF money is flowing back in
#MarketRebound #AIBinance