Bitcoin, and the crypto market, have finally blossomed after a long two-year-wait.
The pioneer cryptocurrency broke its $11,000 resistance earlier this week, spurring double-digit gains across a broader set of altcoins. Firms like Coin Metrics, a crypto markets data and investment provider, say that if these growth rates are maintained, Bitcoin’s current daily volume would need “fewer than 4 years of growth to exceed the daily volume of all US equities and fewer than 5 years to exceed the daily volume of all US bonds.” But who’s buying billions of dollars worth of cryptocurrencies anyway? A recent survey has the answer.
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