Tuesday, June 25, 2019

Bitcoin rallies above $11,000 through the weekend, nearing a 15-month high | CNBC

A strong candidate for the all-time irrational exuberance record; also see Facebook’s Libra helps power bitcoin to 15-month high and new interest in cryptocurrency | Washington Post
"Analysts largely attributed bitcoin’s price bump to more awareness of the digital asset class following Facebook’s ambitious cryptocurrency project announced last week.

“It’s clearly a positive for bitcoin, ” Bart Smith, head of Susquehanna’s digital asset group, told CNBC’s “Squawk Box ” on Monday. “If 2 billion users are on Facebook, some percentage of them start to kind of look at Libra and try to understand how it is different and similar to bitcoin — that is a positive.”"
Bitcoin rallies above $11,000 through the weekend, nearing a 15-month high | CNBC

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