Hey there, hodl and trade people!
Global Panorama of July 29th🧨👩🏻🚒
Check out what happened in our crypto universe and traditional markets this Tuesday, July 29th. The outlook is good!
Traditional Markets: Seventh Heaven and Brazil Going Against the Grain 💸
While we're keeping an eye on our digital currencies, the foreign market is soaring! The New York stock exchanges are in festive spirit, heading for a seventh consecutive record. That's right: seven! Europe is also in high spirits, enjoying positive corporate earnings. For example, France boomed with +1.5%, and Germany was not far behind with +1.3%.
But, as things aren't always rosy, our beloved Brazil is kind of swimming against the current. The Ibovespa index fell -1% yesterday, and the Central Bank had to step in and hold an emergency auction of US$1 billion to try to stave off the pressure on the dollar. And to top it all off, Haddad has a meeting scheduled for 3 p.m. Could there be any news on the horizon? Stay tuned!
Crypto World: Whales, Quadrillions, and the Glow of ETH! ✨
Get this: a whale dumped 9 BILLION in Bitcoin, which is about 80,000 BTC, and the market simply absorbed it! Like, you couldn't even smell it. This shows the strength and liquidity the crypto market has reached. And the most shocking thing? Strategy didn't buy Bitcoin last week! For those accustomed to MicroStrategy buying BTC in droves, this was a surprise.
But what really makes us smile from ear to ear is that the total crypto market has surpassed $4 trillion in market value! That's a lot of money floating around, proving we're here to stay.
$ETH in the Spotlight: The Ethereum Bicha Is Here! 🚀
Our beloved Ethereum is stealing the show and showing what it's made of:
Up 25% this week, surpassing the $3,800 mark! 🔥
Recorded a record $2.12 billion in ETF inflows. This shows institutional interest is growing at an alarming rate!
There are already over $9 billion in ETH on the balance sheets of 59 companies! Companies are seeing the potential and jumping in headfirst.
And to top it all off, Fundstrat's Tom Lee is projecting ETH at $15,000! If that comes to fruition, we'll be rocketing to the moon! 🌕
To top it all off, PayPal launched the "Pay with Crypto" feature, allowing merchants in the US to accept over 100 cryptocurrencies. This is a huge step toward mass adoption, right? Easier to spend our digital assets!
Hot Quotes to Keep an Eye On! 💹
Stay tuned for the latest quotes:
💰 Bitcoin: US$ 119.098,45
🪙 Ethereum: US$ 3.853,56
💵 Dollar: R$ 5.59
💶 Euro: R$6.45
💷 Libra: R$ 7,45