HIGHLIGHT ☝️| BlackRock now controls 3% of the circulating bitcoin through its iShares Bitcoin Trust (IBIT) ETF, equivalent to 683,018 BTC of the 19 million BTC in circulation.
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Do you think IBIT will be the largest ETF in 10 years?
🔥 = Yes
👀 = Time will tell
👎 = No
BREAKING NEWS 🚨| Fed Governor Christopher Waller said that the agency could cut interest rates as soon as July. He claims that inflation is no longer a serious risk and that it is better to act now than to wait for a drop in employment.
📉 Lower rates boost bitcoin, as they reduce the cost of money and encourage investment in volatile assets. Following Waller's statements, the price of BTC reacted positively this Friday.
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Rate cut in July?
🔥 = Boosts BTC
👏 = Was already priced in
🤔 = Confirmation needed
