This week’s Bitcoin surge has had a big impact on investor morale.
As with any asset class, maturity is key to mass adoption. Bitcoin has begun to showing decreasing volatility and increasing investment. This bodes well for the short to medium term.
Interestingly, data from the Google Trends platform recently revealed that Google searches for “Bitcoin” nearly tripled during the recent price spike.
In the world of other cryptos Ethereum (ETH) is holding onto its position as the largest altcoin by market cap (circa $17.3 billion). The second-largest altcoin, Ripple (XRP), has a market cap of about $15 billion.
It is interesting times in crypto; lets watch this space.