BREAKDOWN: Can Bitcoin Just Keep Going Up?

Share:

Listens: 0

Late Confirmation by CoinDesk

Miscellaneous


With bitcoin (briefly) passing $40,000 for the first time, the question becomes: Can it keep going or is a reset necessary? This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.Today on the Brief:U.S. President Trump signs order banning Chinese appsInitial jobless claims hold steady at 787,000Elon Musk becomes the world’s richest personOur main discussion: Can bitcoin just keep going up? In this episode, NLW breaks down:What’s driving the rally, including the growth of institutional buyers, burgeoning retail FOMO, Asian markets and more Why some indicators are pointing towards a trader move into altcoins Why, despite the rapid growth, bitcoin remains undervalued -Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.-A new era of innovation on Bitcoin has begun. Stacks 2.0 enables secure apps and smart contracts on Bitcoin, unlocking new use cases and value while laying the foundation for a user-owned internet. https://stacks.co.Image credit: Vertigo3d/iStock via Getty Images Plus