Bitcoin Finds a Home on Wall Street As Stocks Fail to Rally

[Galaxy]

Wall Street investors continue their love affair with Bitcoin pushing the price towards $17,000 as markets remained flat.
Another day, another market rise. The global market cap of cryptocurrencies continues its march north, sitting at $472 billion. The last time crypto was worth this much was back in the halcyon days of January 2018 - before everything came crashing down.

While it’s still a far cry from the $716 billion recorded in those heady days, this time the markets are in better shape. For one, daily trading volume compared to the peak of two years ago is four to five times higher than it was. In 2018, the biggest daily volume was $37 billion. Crypto hasn’t had a trading day below that number since May 2019.
Info link: https://decrypt.co/48488/bitcoin-finds-a-home-on-wall-street-as-stocks-fail-to-rally