Bitcoin Soars Above $9K, And This Time Is Different: “It’s Mostly Institutions Now”

Posted on June 16, 2019 3:36 pm
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URL https://www.zerohedge.com/news/2019-06-16/bitcoin-soars-above-9k-and-time-may-be-different-its-mostly-institutions-now 

The recent surge in bitcoin, and the entire cryptocurrency space accelerated over the weekend, coinciding with the latest massive protest in Hong Kong which may be among the catalysts for the aggressive buying, and sending bitcoin above $9,000 for the first time since May 10, 2018, a price that is almost triple where bitcoin traded at the start of the year, making it the best performing major asset class of 2019, with a market cap of $163 billion.

And as the price

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