Experts Explain Factors of Overnight Rally
Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in a single day.
Most crypto assets in the global market have substantially surged in value in the past week
Major crypto assets such as ether (ETH), litecoin (LTC), bitcoin cash (BCH) and EOS recorded gains in the range of 4% to 8% against the United States dollar, fueling the momentum of the crypto market.
Timing of bitcoin recovery is…
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