Cryptocurrencies jumped sharply Friday after Fed Chair Jerome Powell signaled potential September rate cuts. Bitcoin (BTC) ...

Increasing open interest alongside rising prices can indicate a strong upward trend. Meanwhile, Bitcoin rose 1%, and Ethereum’s native token, Ether (ETH), gained 1.7% in early Wednesday trading.

When bitcoin and cryptocurrency crossed over from the underworld subculture it was developing in at the end of 2016 and start of 2017, the price took off. Let’s call this moment Jan. 1, 2017.