04 May Hodler’s Digest, April 27–May 3
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Top Stories This Week
Bitcoin rally above $9,000 stalls as sellers push BTC back to key support
What a week it’s been. After starting Monday at $7,650, Bitcoin surged through previously stubborn resistance levels to hit highs of $9,440. The gains mean the world’s biggest cryptocurrency has comfortably outpaced the Dow’s price recovery. Bitcoin’s handsome year-to-date returns have also outshone gold, its last major competitor — cementing its position as 2020’s best-performing asset. Coinbase crashed as BTC skyrocketed, with the exchange acknowledging there were “connectivity issues.” The significant milestones didn’t end here. Bullish momentum has meant the Crypto Fear & Greed Index has exited its lowest…