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hiBitcoin has surpassed 30,000! Bull run against Nobel laureates, ECB
Bitcoin is running while everyone (or almost everyone) has already declared it dead.
Bitcoin returned to the $30,000 mark during the long Easter weekend as the world's major exchanges closed for a (well-deserved?) rest. And all this on the eve of a busy week of data that should provide a clear direction for the next steps of monetary policy in Washington.
Bitcoin, on the other hand, while many continue to call it nothing more than a game for nerds and serial environmental polluters, doesn't seem to be worried about that and right before the Asian exchanges open, makes another spurt that is more surprising in its unpredictability than in its rapid conquest of symbolic thresholds.
And all this after months of funerals, predictions of disaster, soon to return to irrelevance. Bitcoin, however - and those who have been in the business a long time should already know this - tends to ignore this. Moreover, it is doing the opposite of what would be rationally expected - or led by leading economists.
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