Is the Current Bitcoin Rally Organic?



Crypto Daily checks whether the current Bitcoin rally is organic or not. In his opinion, it is as organic as it can be due to a number of factors:

  • CME's Bitcoin futures hit $1.3 billion,
  • Bitmex hits an all-time record of registered volume at $10 billion,
  • Bakkt futures testing expected for July,
  • Retailers like Nordstorm and Amazon's Whole Foods supporting BTC. Perhaps eBay will join the fold too.

It appears that buying Bitcoin is indeed a good long term investment.

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