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Here’s a rundown on the 3 reasons why the BTC price and Crypto markets are surging right now:
- Bitcoin Momentum
- Faketoshi FOMO
- Two Year Bear Market For Altcoins
Bitcoin and Crypto markets have surged by their largest amount for almost three months today and altcoins are leading the momentum.
Over $20 billion has flooded back into the space but what has caused the big bull run and has alt season finally begun?
Total Bitcoin and crypto market capitalization has not been this high since mid-November when the bears were in full attack mode.
So far this year’s total cap has gained 27% and today topped out at $244 billion, a new high for 2020.
Bitcoin SV Price Soars After Craig Wright Claims Access to a Bitcoin Fortune Craig Wright, the polarizing figure who may or may not be Satoshi Nakamoto, is today telling the court that he has received the keys to access an $8.9 billion crypto fortune called the Tulip Trust.
He was granted until February 3, 2020 to provide the keys to the Tulip Trust on the rationale that the keys needed to be delivered by a bonded courier sometime in January.
It appears the keys have arrived.
Wright has now filed paperwork demonstrating his compliance with the court order.
This is a bombshell among bombshells if it’s actually true.
It could easily help Wright continue his “I’m Satoshi” schtick and win him some converts.
But if it’s less than totally true, it would only be the latest weird, reality-bending twist in Wright’s already surreal and controversial story.
In any case, that’s what Wright told courts today: he now has access to billions in crypto.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.