Bitcoin (BTC) remains a hot topic of discussion among top delegates and institutions of the world. The former U.S. Treasury Secretary Larry Summers has recently endorsed Bitcoin saying that it is here to stay. During an interview with the Bloomberg Wall Street Week, Summers said: “I think some institution, like Bitcoin (BTC), is here to stay.
Bitcoin has recovered from its 2018 lows with a 275% increase. However, it is down nearly 40% from its All-Time High in 2017. Whether or not Bitcoin will replicate its 2017 run is troubling the minds of investors and traders everywhere. Bitcoin’s [BTC] rally during 2017 was classified as a bubble, but the retail volume