Bitcoin [BTC]’s bull run in the past few weeks has been staggering. The cryptocurrency reached its yearly high above $13800 on 26th June. The price rallied from $11,350 to gain over 22% in 24hours to reach the top on Wednesday. The rise was so overwhelming that even Bitcoin permabull, Mike Novogratz regretting selling a few hours earlier.
Nevertheless, the rise was short-lived as Bitcoin plummeted almost instantly as the FOMO was apparently interrupted by a server overload and performance issues at Coinbase. Several Exchange portals saw a surge of users and
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