Bitcoin
Bitcoin Rally and ‘Short Memories’ Rekindle Everything in Crypto
Bitcoin’s rally to near a record high is stirring up animal spirits – not just in the cryptocurrency market itself, but in the broader financial world that left the digital asset sector for dead last year.
The shift in sentiment can be seen in the improving outlook for deal flow, highlighted by Robinhood Markets Inc.’s purchase of crypto exchange Bitstamp Ltd. on Thursday, to a resurgence of venture capital investment to what some analysts expect a record amount of initial public offerings of companies linked to the sector.