CryptoQuant CEO: 5 Key Insights Into the Bitcoin Market

From decrypt.co

It’s been a bullish start to the year for Bitcoin. Beginning the year at $28,800, it has doubled in value, hitting a record high of $58,300 late last month. Since then, its price has corrected, rebounded, and is now threatening to break another all-time high. But make no mistake, the crypto market doesn’t just always go up. It goes through accumulation phases and hype cycles, bubbles and crashes. chart 1. Institutional investors are leading this growth. The key difference between this current market growth and Bitcoin’s surge at the end of 2017 was that it was led by huge retail demand then, according to Ju. ... (full story)