The recent rally has affected many market participants; at such moments, many people are influenced by the FOMO (Fear Of Missing Out) effect. But an understanding crypto investor, clearly aware that it's just only beginning.
Let's take a look at the main points that have influenced such a rapid growth of Bitcoin lately:
- Libra launch by Facebook. Growing interest in cryptocurrencies by professional players.;
- Klyaton crowdfunding announcement by Korean messenger Kakao Talk;
- TON from Telegram and launching Gram Coin futures from Liquid;
- China and US trade war, as well as the additional emission of Tether;
Many people are hoping for the Hearings in the USA Congress, which may affect the launch of Libra from Facebook. It's no matter anymore because now everywhere people are talking about cryptocurrencies and it is not possible to get away from this problem.
Appreciation of the Bitcoin ValueDespite the active opposition and rejection of Bitcoin by several states, some states recognize it as a "safe asset." More enterprising billionaires from the Forbes list are already investing in cryptocurrency funds.
In April 2019 was marked by increasing the volume of bitcoins in the management of Grayscale. 70% of the company's customers are institutional investors, and the minimum investment amount starts at 50,000 USD.
As you can see, while some people were