“Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” shared Alex Adelman, CEO of bitcoin rewards app Lolli, in an email. “Bitcoin’s recent climb to over 50% market dominance in the crypto markets reflects a growing demand for bitcoin among institutional and retail investors as a highly secure, decentralized holding that has proven its value over time.”
source
The post Bitcoin's Price Bump to $30K Sees Short Traders Nurse Biggest Loss in 2 Months first appeared on Crypto Flings - Crypto Flings News.
