What’s up, my people! 🌴 Here’s your news buddy with the hottest scoop in the crypto world. Hold on tight, because Bitcoin, Ethereum, XRP, and even Dogecoin are skyrocketing and making more than one person dance with excitement. This is serious business!
The atmosphere is super bullish in the crypto neighborhood, and the global market capitalization has already touched $3.4 trillion in greenbacks 🤑, that’s a 2.5% increase! Imagine that, it’s like money is doing push-ups and getting stronger every day.
Now, what’s the scoop on Bitcoin? Well, it’s flirting with $108,000, and experts, those always on top of the charts, say that if it stays above $108,450, hold on tight because the target is historical highs! It’s like it has a trampoline straight to the moon. 🌙 A trader out there, buddy Wick, said that if Bitcoin consolidates above that figure, we’re heading to the stratosphere!
But, heads up, not everything is a party in the club. Even though the atmosphere is celebratory, data from IntoTheBlock shows that the volume of large transactions dropped by 20.9% and daily active addresses by 6.8%. It’s like people are being a bit more cautious, waiting to see what happens. To make matters worse, 75,198 traders were liquidated in the last 24 hours, a loss of $216.14 million! 🤯 That really hurts the wallet!
Meanwhile, in the crypto universe, interesting things keep happening:
Truth Social (yes, the one from Donald Trump!) submitted a request for a Bitcoin and Ethereum ETF, they want 75% in BTC and 25% in ETH! 🎩
The Ethereum Foundation is lending a hand to the developers of Tornado Cash. How supportive!
And not only that, companies like Strategy bought $1.05 billion in Bitcoin, raising their portfolio to 592,100 BTC! And Metaplanet, a Japanese company, even surpassed Coinbase in Bitcoin holdings! It seems like everyone wants a piece of the pie. 🍰
Even Justin Sun, the guy from Tron, is planning to go public in the U.S., and it’s said he’s quite close to the Trump family! Oh, wow! 🤫
On the optimistic side, an analyst named CryptoCon is super excited because Bitcoin has given two consecutive buy signals according to the "Hash Ribbons" indicator. They say that when this happens and volatility is low, a significant rise is coming! It’s like a secret recipe for success. 📈 He calls this the "elimination cycle", a test of fire for those who have faith in Bitcoin!
But not everything is rosy, my people. There’s another analyst, Roman, who brings us back to earth a bit. He says that, although the long-term trend is good, Bitcoin might take a break, meaning a correction. It has already risen 7 times since 2022, so a breather wouldn’t hurt! It’s like when you dance a lot and need to drink some water. 😅
So, stay tuned and keep your eyes on this crypto roller coaster! The future is full of surprises and the digital greenback keeps making headlines.$BTC
