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Crypto Fund Grayscale Says BTC Market Looks Like 2016: Report

The crypto fund Grayscale says that the Bitcoin market currently looks like 2016 as the yearly BTC bull run has sent ripples across space with some saying that the asset will hit an all-time high later this year so let’s read more in the Bitcoin news today. The crypto fund Grayscale Investments said in a recent report that bitcoin is showing signs that it did before the 2017 bull run. The market structure “bears parallels that of early 2016 before it began its historic bull run.” The company identified several on-chain metrics that pointed towards the increased public sentiment in…

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