I get the feeling this is because nobody wants to be holding cash, stocks, or bonds right now. A lot of people who saved a ton of extra cash from not eating out are putting it into crypto and hoping for the best.
But maybe I’m totally wrong.
This is cool, but this year also brings with it record breaking inflation of the US dollar and the toughest regulatory hurdles yet when it comes to transacting in BTC, especially turning BTC into USD.