
Why Bitcoin's Longest Run Above $10,000 Matters
Kevin
Description
<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">After four weeks down, bitcoin bounces back on suspicions that recent bearishness was overblown</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">KuCoin exchange gets hacked for somewhere between $150 million and $280 million</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Jack Dorsey outlines Twitter’s blockchain and bitcoin beliefs during Oslo Freedom Forum appearance</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: Digging in to bitcoin’s 64-day run over $10,000</span></p> <p><span style="font-weight: 400;">Bitcoin has been above $10,000 for longer than any time in its history. Its volatility is also at recent historic lows. In this episode, NLW puts this in the context of broader market movements and explains why new price floors are self-reinforcing. </span></p>
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Why Bitcoin's Longest Run Above $10,000 Matters
Kevin