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Bitcoin (BTC) Bull Market in 2019 Driven by New Institutional Investors



Bitcoin has gained over 200% in 2019 after the 2018 bear market. While there was another such bull market in 2017 that drove Bitcoin to its highest ever price of $20,000, Senior Analyst at eToro, Mati Greenspan says that of 2019 is being driven by institutional investors rather than retail investors who caused the 2017 market.

Speaking on Block TV, he said: “The 2017 crypto boom was largely driven by retail investors, you know everyday people who had $50,000 or $100,000 in their bank account and just looking to invest it somewhere even at a risky place just to ...

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