That's right; cryptocurrency is very volatile but what I want to understand is: was the recent surge in price of btc organic or was it caused by institutions putting in their organizational funds into the crypto market?
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there is FOMO... institutions did put money, but BTC's parobolic rise now was organic...everyone are talking and wanting to buy BTC...check this..
https://cointelegraph.com/news/etoro-warns-users-it-s-running-out-of-crypto-to-trade-due-to-unprecedented-demand