Bitcoin’s Booming Demand to Be a Boon, Even after 100% Rally: Here’s How

By Nick Chong

In the wake of “Black Thursday,” it seemed clear to some that Bitcoin was dead: hundreds of millions of dollars worth of BitMEX positions were liquidated, the crypto’s market liquidity dried up (accentuated by the 50% drop in a day), and Crypto Twitter briefly became a ghost town.

But, as I recently cataloged in a Twitter thread, citing evidence from a number of sources, data is showing that both institutional and retail demand for cryptocurrencies, especially Bitcoin, is growing at a rapid clip.

To read more:

Leave a Reply

Your email address will not be published. Required fields are marked *