Crypto Madness
Bitcoin broke to $104,000, which is very surprising, especially since the interest rate stabilization in the U.S. was expected. But many factors worked together and caused the market to explode.
Speculative momentum and FOMO.
As soon as the price broke $100,000, the fear of missing out started to kick in. Exchanges entered automatic buy orders, and speculators entered heavily, igniting the market.
