Swagger Returns to Crypto as Bitcoin Soars
(Bloomberg) — Sean McNulty frets about not having enough time to work on his bench press. Raagulan Pathy is starting to think about buying an Aston Martin.
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From New York to Singapore, cryptocurrency traders large and small are pulling all-nighters and forgoing gym breaks to ride the dizzying rally unleashed by Donald Trump’s election victory. With the records piling up and Bitcoin’s march toward $100,000 talked about as something of a mere formality, crypto is in the grip of a market mania the likes of which it hasn’t seen since 2021.
And back with it is the industry’s penchant for excesses, both on and off the trading floor — even though some who lived through previous bull cycles are trying to…
