RATE Group | Bitcoin Attracting More Buyers, Even With Market Stuck in ‘Extreme Fear’
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Bitcoin Attracting More Buyers, Even With Market Stuck in ‘Extreme Fear’

20 Apr Bitcoin Attracting More Buyers, Even With Market Stuck in ‘Extreme Fear’

Posted at 14:43h in Bitcoin News by

Bitcoiners are abuzz over new data showing more people might be tiptoeing into the market. 

Mass adoption has long been one of the main bullish investment theses for bitcoin. The bet is growing numbers of institutions and individuals will eventually come to understand the cryptocurrency’s virtues, from its potential use as a peer-to-peer payment system to its potential as a hedge against inflation, like a digital version of gold. As the newbies pile in, prices will soar, the theory goes. 

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