Of course its all valid but also the timing was perfect here and ended in BTC jumping by 1000 USD in minutes.
Binance BTC/USDT Chart
For example the CME expiration of contracts date was today, little bit after the pump but those playin futures know.. the future :) In a way.. wink wink
Bakkt volumes (that everyone expected to pump on launch) are not really increasing fast and they could also run the bull arbitrage pump
Also Crypto seems to have Visa finally accept them in EU but that i dont think was any price mover.
And on top of that.. President of China, Xi said they Should ‘Seize Opportunity’ to Adopt Blockchain.
As im OG here since always i know the china card is always the strongest one and since we were aware of possible national chinese crypto, now with president saying that... looks good.
Doesnt matter if they will make CNY or else, still it will be mostly paired to BTC so any coin created that gets press will sonner or later give the glory and new money flow to Bitcoin.
Ohh and of course there is people who lost..Of course.
BitMex
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