Bitcoin Jumps on Reddit Influx

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Bitcoin is up by more than 10% today to above $38,000 at some point from $32,000 yesterday. Unfiltered volumes have ballooned to near $120 billion while credible volumes have jumped to $27 billion, a trippling. That last red candle is the precise moment Dow opened, which went down 1.2% before currently recovering to -0.43%. The instant bitcoin move at market open is the first we’ve noticed to such extent, indicating the stokenization of bitcoin is now gaining some scale. The biggest news however is some crowd movements going on with r/ethtrader swarmed.It used to have less than 600 visitors on at anyone time. Now it’s more than 3,000.And how on earth did this get to 640,000 holders? Unless our memory is totally off, it was just 200,000 yesterday or thereabouts. r/bitcoin is seeing 20,000 users on. Nothing compared to wsb’s more than one million users on right now. That’s the…

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