$XRP marking a 26-week high with $164.8B MC • SEC ETF del

$XRP  marking a 26-week high with $164.8B MC 
• SEC ETF delay fuels speculation
• Ripple’s legal wins attract institutions
• 98.8% futures are long
Options eyeing $3+

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+4.61%

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$PENGU So sweet 🫣

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$ALGO is going parabolic 🚀 The market is now realizing its true potential. 100% uptime, 10K+ TPS and one of the biggest L1s by RWA TVL. Once this closes a 2D candle above $0.27, expect an even bigger pump.

Money market funds net asset has hit a new ATH of $7.4 trillion. This is almost 2x the entire Crypto MCap. Right now, the majority of them are invested in T-bills. But what happens when interest rates go down? Yields on T-bills will decrease, thus making it a far less attractive investment. This is when this giant liquidity will start moving into stocks and crypto. So don't listen to permabears as we're going up only.

$BTC is going to hit $135,000 in Q3. A strong weekly close above $107.7K was needed and it happened last week. After that, $BTC pumped $10,000 in just a week and still showing no signs of exhaustion. I think a rally to $120K, followed by some consolidation and then a pump to $135,000 is highly likely.

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