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Bitcoin Rally Continues as January Effect Accelerates
Bitcoin price continued its strong bull run, reaching its highest point since November 17. The BTC/USD pair rose to a high of 94,420, up by over 17% from its lowest level in November. Bitcoin Price Rally Continues The BTC/USD pair has been in a strong rally in the past few days as the so-called January Effect continues. The January Effect is a situation where financial assets rally in the beginning of the year as investors start investing. Bitcoin has also benefited from the ongoing demand from American investors. Data shows that these investors have added over $600 million in inflows this year alone. The BTC/USD ... (full story)
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