Bitcoin’s 2019 parabolic rise is coming from veteran cryptocurrency traders, not newbies, the latest data suggests. Newbies Absent From 2019 Bitcoin Boom Analysis of capital inflows into Bitcoin , courtesy of monitoring resource Coinlib, shows huge influxes from both altcoin markets and stablecoin Tether. Over the past 24 hours, it is in fact Tether supplying the majority of Bitcoin buy-ins, with $4.21 billion changing hands between the two cryptocurrencies. Second is Ethereum, which saw $1.62Read MoreThe post Bitcoin Price Rise Fuelled by Experienced Crypto Traders appeared first on Bitcoinist.com.
