#MarketGreedRising
Daily Summary – The crypto market is booming! 🚀💹
Everything is in the green 🌿 and it's climbing fast:
Bitcoin 🔶 nears 124,000 $ 💥
Ethereum 💎 exceeds $4,500
Altcoins follow the trend ➡️ total market cap: 4.2 trillion $ 🏦
1️⃣ Bitcoin at all-time high 🏔️
💰 Bitcoin reaches $124,000, a new record.
📊 Reason:
Expectations of interest rate cuts by the Fed 🏦
Political decision in the USA 🇺🇸: allow cryptos in 401(k) retirement plans
✨ Result: institutional investors 🏢 are increasingly believing in Bitcoin.
2️⃣ Ethereum in turbo mode ⚡
🔥 Ethereum is nearing its 2021 record.
💼 Professional investors are investing heavily.
📈 Record influx into ETFs + optimistic forecasts (e.g., 7,500 $ before the end of 2025 according to Standard Chartered).
3️⃣ Altcoins are also exploding 🌐
Dogecoin 🐕 +12.5% in 24h (much higher than the market average +3.6%)
Filecoin (FIL) 📂 +4% thanks to large volume and institutional support.
Ethereum, Solana, and Cardano also drive total capitalization to 4.2 trillion $ 📊
4️⃣ Market sentiment: “GREED” mode 😈💵
📍 The Fear & Greed Index is at 75 → Investors are very confident and optimistic.
5️⃣ Market cap and dominance 👑
🏆 Bitcoin surpasses Google 📱 in total value → 5th largest asset globally.
📉 Its dominance falls below 60% → Altcoins are capturing more and more space.
💡 In summary: The crypto market is experiencing a historic moment 📅, with massive optimism, records being broken, and unprecedented institutional interest.