Lead-up to BTC halving excites investors, brief mempool overload, exchanges barely holding on
BTC saw an unusual spike in activity yesterday, April 29th. In the past, 24 hours Bitcoin has risen up by 18.66%, the mempool was briefly overloaded, and some exchanges were barely keeping up with the activity.
Let’s start with the price.
But before that, I just want to let you know that this is not financial advice, I’m not even a professional trader. I’m just a guy that’s invested 3+ years of his life writing about crypto and blockchain tech.
If you ask Billy, yes, suddenly after all of the “blows to Bitcoin” the time for Bitcoin is nigh. Forbes is saying yes it’s going to $10k, Coinbase’s Daniel Cawrey says it’s FOMO time. I mean, it’s crazy, but this is what the news should look like if you ask Forbes.
We also say that it looks like BTC is going to break $10,000. But we also don’t ha...