Bloomberg: "Bitcoin Is Staging a Comeback Reminiscent of 2017 Bubble Frenzy"

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Bloomberg: "Bitcoin Is Staging a Comeback Reminiscent of 2017 Bubble Frenzy"

Excerpt from Bloomberg quoting DataTrek co-founder Nick Colas:

…. “Wallet growth has also spiked, rising 2% in April, the largest monthly increase since at least November. To Nicholas Colas at DataTrek Research, there’s two possible explanations: bored, locked-down gamblers and sports betters are finding their way into cryptocurrencies amid the coronavirus shutdown, while many are also getting excited about Bitcoin’s halving, he wrote in a recent note”….

Read the full article here on Bloomberg!