Some people are saying the recent surge in cryptocurrencies is a bubble, but this spike is short-term, driven by expectations that regulations will advance even without the Clarity Act, as the CFTC has applied for regulatory authority. Moreover, Bitcoin trading volumes on cryptocurrency exchanges remain low, and the sharply reduced buying demand has not returned— so we believe this upward movement will likely be short-lived. https://t.co/reyeITdEJ7
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