-Bitcoin news, price, information & analysis CNBC’s ‘Fast Money’ has continued with its near-daily coverage of the cryptocurrency market, suggesting that Bitcoin may have found a bottom. Bitcoin had a monumental run over the past few days, moving up by 15% to the surprise of many.
Altcoins quickly followed, with cryptos like EOS and Cardano actually outperforming Bitcoin, which lost market dominance in the process. This move came to the surprise of many, as there didn’t seem to be a single piece of news or technical indicator that signaled this price jump.
However, CNBC’s ‘Fast Money‘ coverage of the cryptocurrency market on Monday hopes to bring a bit of light to the weekend’s run. Brian Kelly, CNBC’s foremost crypto trader, gave the Fast Money segment a statement regarding his opinions on why Bitcoin moved as it did.
Kelly pointed out three pieces of bullish news that could signal a Bitcoin move upwards. Firstly, the trader mentioned the cryptocurrency service which the InterContinental Exchange (ICE) is working on.
ICE, who owns the NYSE, is reportedly working on a cryptocurrency exchange, which will bring digital currencies to financial institutions. If implemented successfully, this exchange would bring unprecedented levels of legitimacy to the cryptocurrency market, attracting billions of dollars in investment. Read more from newsbtc.com…
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