The pandemic rally, in 2021, when crypto mania actually set in, inextricably tied up with the retail investor revolution, WallStreetBets and GameStop, stonks, non-fungible tokens (NFTs) and memes. Investing turned a public social exercise for the very-online. Then one other crash. And now the present rally, wherein bitcoin has soared above $72,000, pushed by the approval of spot bitcoin exchange-traded funds (ETF) and institutional adoption from large fits like BlackRock and Constancy. After all, with crypto it’s by no means only one factor driving it, and the present rally isn’t simply in regards to the ETF, however I think will probably be most simply remembered and characterised that manner.
