The bitcoin value thundered to another 2019 high in the early long stretches of Wednesday, quickly contacting $13,000 on the Huobi trade. Bitcoin is currently at levels unheard of since January 2018 with a market capitalization of $224.7 billion.
However, where is the cash coming from? Information from CoinLib uncovers that BTC's most recent rally isn't driven by new speculator cash. Rather, existing crypto brokers are essentially moving cash once more into bitcoin from the sidelines.
Source of shared Link
