From Market Watch
One message, in particular, stood out during Janet Yellen’s testimony before the House Financial Services panel: “Buy bitcoin.”Read more: http://www.marketwatch.com/story/one-clear-message-received-from-janet-yellens-testimony-buy-bitcoin-2017-07-12Of course, that wasn’t the Fed chair’s message. She was more focused on interest rates. Nor was it a photoshopped internet hoax perpetrated by some crypto junkie aiming for a viral Reddit hit.
No, while Yellen was busy doing her thing, an opportunistic bitcoin fan took it upon himself to hold up a “buy bitcoin” sign.
Desperate times call for desperate measures?
Bitcoin BTCUSD, +0.64% has been getting obliterated lately. Actually, the entire crypto market has been crushed over the past month.
Still, bitcoin is in the midst of a remarkable bull market, as you can clearly see by this chart of the past year:
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