🔸Bitcoin remains above USD 103,000, after reaching USD 107,000 last night.

🔹Several companies globally have recorded BTC purchases for their treasuries, reinforcing the argument for the start of institutional FOMO.

🔹The U.S. experiences a downgrade in its credit rating for the first time; however, Bitcoin showed strength as it approached its ATH.

🔹Due to volatility in the last 24 hours, over USD 500 million was liquidated in Bitcoin markets.

🔹A new layer is being developed on Bitcoin that will allow the storage of information on-chain, without using space within the network.

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