WATCH: The rise of cryptocurrencies, could this be the start of another bull run? | IOL Business Report

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WATCH: Bitcoin is seemingly making a comeback as it surges past the $6 000 mark as of 10 May 2019. busrep

As the markets have caused a great deal of uncertainty as a result, many investors have unfortunately caused a major panic in the ecosystem. As expected though, there seems to be indicators that the next bull run is beginning with the recent price hike of Bitcoin.

Richard de Sousa, partner at one of the largest and oldest cryptocurrency exchanges in the country, AltCoinTrader says: “Recently we have seen the Bitcoin price increase for seemingly no apparent reason. What we have, however, seen for the past five years, is that thousands of people have adopted Bitcoin and have been dedicating time to the growth and expansion of the network, building platforms and silently working behind the scenes.

 

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