🚀 Crypto Market Update: New All-Time Highs & Institutional Onslaught

🔥 Top 5 Headlines

1️⃣ Bitcoin Hits $120K – Now 5th Largest Global Asset (Surpasses Amazon, Google)
2️⃣ Ethereum Short Squeeze Alert – Record-High Leveraged Shorts (Volatility Ahead)
3️⃣ Metaplanet’s Mega BTC Buy – Adds 797 BTC ($93.6M), Total: 16,532 BTC
4️⃣ El Salvador’s $456M BTC Profit – Nation-state strategy pays off
5️⃣ Grayscale Files for IPO – Joins Coinbase & Circle in public markets

💼 Institutional Moves

MicroStrategy: Bought 4,225 BTC ($472.5M) at ~$111,827

Strategic ETH Reserve: Crosses $4B (50 entities backing)

SharpLink Gaming: Snaps up 16,373 ETH ($48.85M) OTC

Kazakhstan: Plans state crypto fund with seized/mined assets

⚖️ Policy & Regulation

Trump Calls for Powell’s Resignation – “Time for new leadership”

Crypto Week in Congress: Votes expected on:
✅ GENIUS Act
✅ CLARITY Act
✅ Anti-CBDC Surveillance Act

📊 Market Data

Global Crypto Cap: $3.8T (Nearing UK’s GDP)

Nasdaq: Closes at record high (Risk-on mode)

Satoshi’s BTC Stash: $130B (Would rank 11th richest globally)

💡 Why This Matters

Supply Shock Worsens: Institutions + nations hoarding BTC/ETH.

Short Squeeze Potential: ETH shorts at ATH = explosive upside risk.

Policy Momentum: US crypto bills could trigger next leg up.

📌 Key Levels to Watch:

BTC: $120K (support) → $130K (next target)

ETH: Break above $3.5K = rally to $4K

🔔 Follow for real-time updates – Volatility ahead!

(Data as of 12 PM ET)

💬 Your Take:
Bullish on ETH squeeze or BTC’s dominance? Drop your thoughts below! 👇