Over the past few days markets have been cautious as the US bond buyback, which was supposed to stabilise the yields, did so for only a short period.

This has sparked a lot of concern as these levels were last seen in 2007, just before the global financial crisis.

These concerns have pushed investors to look to stable investments like gold and bitcoin.

There are a few other events that have given crypto some newly revised impetus so let’s use this article to look at it afresh.

Bitcoin has made a strong move higher over the past few days, prompting renewed interest from investors who may have been sitting on the sidelines.

While the cryptocurrency remains highly volatile, there are several important factors behind the recent rally that…