IBIT is Bitcoin’s Trojan Horse for Institutions
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City AM
City AM
By Coinrule Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The last time Bitcoin was over $57,000 was December 2021. Back then, euphoria was still in the air after touching $69,000. Theories of a ‘super-cycle’ were being thrown around with serious confidence. When we look at Google search trends for Bitcoin today, we are at similar levels to November 2020. Last cycle, Bitcoin broke its previous all-time high in December 2020. Is this the end of the beginning for Bit…