#CryptoComeback Bitcoin broke the 104 thousand dollar mark and this is very surprising, especially because it was expected that the interest rate in the United States would remain stable. But there are many factors that worked together and caused the market to explode.
Speculative momentum and FOMO
As soon as the price broke the 100 thousand dollar mark, the fear of missing out began. Exchanges entered automatic buy orders and speculators rushed in, setting the market ablaze.
Massive liquidity from institutions
Investment funds like BlackRock and Fidelity are preparing bitcoin products and this is an unprecedented injection of liquidity.📊