One Company May Be Controlling Bitcoin’s Momentum – Here’s How
Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin has risen more than 20% from its February lows, trading around $77,000. But market participants are questioning whether the rally can continue. According to Bitwise Chief Investment Officer Matt Hougan, Strategy’s aggressive BTC purchases have emerged as the “single biggest factor” in the recent price surge. While other factors, such as $3.8 billion in inflows into ETFs since March 1 and renewed accumulation by long-term holders, have supported Bitcoin’s price trajectory, Hougan explained that a significant portion of the recent gains has been driven by purchases from Strategy, which has added about $7
Source: https://cryptopotato.com/one-company-may-be-controlling-bitcoins-momentum-heres-how/
