Crypto Update: Bull run incoming 🚀🔥
1. Federal Reserve Supports Crypto Banking
Fed Chairman Jerome Powell's statement implies that banks can now provide services to crypto-related businesses.
This increases institutional involvement, making crypto more mainstream and accessible.
2. Ethereum is Gaining Momentum
Ethereum is outperforming Bitcoin in terms of growth or adoption.
Former U.S. President Donald Trump allegedly investing millions in ETH suggests that big players are seeing potential in Ethereum.
3. Czech National Bank Approves Bitcoin Investment Proposal
A national bank considering Bitcoin as an investment signals increasing institutional acceptance.
This could encourage other central banks to follow suit.
4. Gold Hits an All-Time High
Historically, gold has been a safe-haven asset, and its record high suggests market uncertainty.
If gold is booming, Bitcoin—often called "digital gold"—might be next in line to reach new highs.
