How sustainable is Bitcoin’s latest $13K push? (Sanbase Pro Report)
It’s been an all-out bull bonanza over the past 7 days, as Bitcoin clocked in a massive +14.9% week on its way to breaching $13,000 for the first time since July.
The news of PayPal’s (upcoming) support for top cryptocurrencies has painted the market in green, with the combined crypto market cap growing by +8.87% in the last 7 days. In fact, throughout the day yesterday, CRO was the only top-20 coin charting a red candle on the day.
The current market focus is fully encapsulated in our list of the day’s top trending words on crypto social media (according to data from 1000+ channels), which is dominated by PayPal and heated discussions on top-caps, respectively:
In particular - with BTC currently ranging just below $13k - much of today’s discourse revolves around the presumed sustainability of the top coin’s
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