Dollars to donuts this is the big institutional investors jumping into the space. The price jump was accompanied by a huge surge in volume which is clear indication that someone big was buying.
Remember, there was news that both Soros and Rockefeller's investment funds were investing in the space so I think that we are starting to see the start of institutional investors in crypto which is a bullish sign for prices.
Yes, most likely that the uptrend related to the Rockefellers and Soros, although they would never buy cryptocurrencies directly; somebody invests in the blockchain, Soros invests in Bitcoin derivatives, but the news influenced positively on the market because it shows for everyone that the biggest financiers starting to pay attention to cryptocurrencies.
