UTC-05:00,Thursday , May 28th 2020

High-Profile Traders: Crypto 2019 Not Like Retail-Fueled Mania Of 2017

13:16 Thursday , July 11th 2019
Joe DiPasquale, CEO of cryptocurrency hedge fund BitBull Capital, tells Forbes that the 2019 bull run is displaying different characteristics than the retail-fueled mania in 2017.
"Bitcoin price grew rather steadily in the first quarter of this year as compared to the violent movements of late because the sentiment shift was not retail oriented. We believe institutions were actively buying Bitcoin since its lows late last year and retail investors only joined in once major psychological barriers were broken, namely the $10k level," he said.
Read More