How Real Is Bitcoin’s Rally? 8 Interpretations of Bitcoin’s Massive Surge

As bitcoin retraces slightly after reaching a new 2020 high about $11,000, NLW explores what’s driving the BTC rally and how likely it is to continue.

It was a beautiful Monday. 

Bitcoin crashed through $10,000 and got all the way up to a new yearly high of about $11,000 before retracing slightly.

As with any dramatic price action, people were quick to start giving their interpretations of why it happened. 

Ultimately, NLW argues that it is this last factor driving up not only bitcoin but gold and silver.

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Source: Coindesk

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