Cryptos Are Exploding Higher, Bitcoin At 12-Month Highs
The cryptocurrency market cap surged above $260 billion in early Asian trading tonight as the entire space legs to a new cycle high, led by Litecoin with Bitcoin hitting 12-month highs.
Its highest level since May 2018...
But almost the entire cryptospace is a sea of green...
While the timing is coincidental with EU election exit polls hitting (suggesting a significant shift to eurospektic parties), there is no indication of the buying pressure coming from that, rather more likely a renewed interest from Asia as US-China tensions continues to escalate and residents seek an alternative safe haven.
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