Bitcoin, ether surge in Goldilocks rally
Bitcoin, ether in Goldilocks rally while smaller coins take a back seat
Bitcoin and ether are rising with US equities, driven by steady bullish demand. Analysts await consolidation in the $73,000-$75,000 range to clear a path to $90,000. Limited market breadth and a weaker dollar support risk assets. Altcoins are rallying, but direction remains unclear.
#Crypto #Bitcoin #Ether #Web3 #Blockchain
Bitcoin surges past $76,000 suddenly.
Bitcoin Hits $76,000 After Shock US PPI, MicroStrategy Shares Rally
The unexpected drop in US PPI sparked a rally in Bitcoin, pushing it above $76,000 and turning MicroStrategy's large BTC holdings profitable again - a significant win for the company. This move could signal a broader market shift. Traders should watch for continued momentum.
#Bitcoin #Crypto #Inflation #PPI