The world’s top cryptocurrency, Bitcoin, experienced a 15% rally from the beginning of July through to the 24th of the month and Ether’s performance was even better. Crypto traders were unsure whether to expect more of the same, or, perhaps, the abysmal first half of the year was inevitably going to continue its course. Shawn Cruz of TD Ameritrade was optimistic Bitcoin “Could probably tread water here for a little bit. It’s a matter of waiting for risk appetites to turn around”. On the other hand, Matt Maley of Miller Tabak + Co. was doubtful, on the grounds that the ”Rally was fuelled so much by young people who had never invested in anything before”. Despite the upsurge from the start of
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