All signs green
The bitcoin market is back in bull mode but for one key attribute, almost like a missing tooth: low trading volume.
Bitcoin’s price on Thursday extended its winning streak to a seventh day as a renewed appetite for risk-taking in traditional markets sent U.S. stocks to new record highs. The catalyst was a U.S. government report on Wednesday showing a slower-than-expected inflation rate in February, which assuaged investors’ concerns that fast-rising consumer demand might send prices shooting higher as the economy reheats.
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