Retail Investors Could Be Behind the Recent Bitcoin Rally, Despite…

News BTC | Jul 13, 2019 at 7:30 PM
  • Although Bitcoin and the aggregated crypto markets have been facing a bout of significant volatility over the past few days, while zooming out and looking at its long-term performance, it is clear that BTC is still in a firm uptrend throughout the course of 2019.
  • Now, one prominent figure within the crypto industry is noting that retail investors – through the use of leveraged positions – have been the driving force behind the recent Bitcoin rally.
  • This massive surge was driven by a sudden influx of funding into BTC, and many analysts had speculated that institutional investors – through recently released investment platforms like the one offered by Fidelity – were driving this rally.