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Bitcoin Reflections: Summer Rally Time?
By ProButterfly  •  April 22, 2018

Exuberance is back in the air. Twitter is filled with “Alts are back” meme’s. After a painful start of the year, the last 2 weeks have been a welcome change. The newswires have turned positive and more importantly there were some regulatory steps announced. These are critical for main stream adoption and getting the necessary regulations passed on a government level. Listed below are some of these pieces of news and stories this week.

Approaching $400bn Marketcap

Let’s break down how quickly things have turned around over the last 2 weeks. To give some context we started the month at a marketcap of around $250-260bn. 

Every rally seemed to be short lived was quickly stopped before it gathered any momentum. That all changed on the 13th of April when bitcoin clocked in record volume. 

This jump represents a 50%+ jump in marketcap over the last week....

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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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