Consensus 2018 Fails to Spark Bitcoin Rally: Week in Review May 21 | BTCMANAGER

by Alexander Lielacher
Consensus, the biggest annual bitcoin conference, was held in New York in the past week but failed to spark the expected bitcoin rally that financial commentators like Fundstrat’s chief analyst Tom Lee predicted . Instead, the price of bitcoin dropped after the conference concluded and remained mostly unchanged versus last week’s closing price.
Nonetheless, the takeaways from Consensus were more positive than negative for the future of cryptocurrencies.
US regulators prese…

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