​Is The Post-Election Crypto Jump A Knee-Jerk Reaction Or Sustainable Momentum? – Tyler Durden

Is The Post-Election Crypto Jump A Knee-Jerk Reaction Or Sustainable Momentum? Authored by Michael Johnson via Evergreen Gavekal blog, Cryptocurrencies have undergone an astonishing evolution over the past 15 years. What began with Bitcoin’s (BTC) launch in January 2009 has grown into a dynamic yet highly volatile asset class, capturing the attention of individual investors, financial institutions, and governments worldwide. Bitcoin, often referred to as “digital gold,” has generated phenomenal, unprecedented returns for early adopters, as shown in the chart below. However, despite this dramatic ascent, the cryptocurrency market remains a speculative and often misunderstood corner of the financial world.…  — Continue at ZeroHedge News : Read More