#USCryptoWeek
🔥 Key Reasons Behind the Surge:1. Institutional Buying Frenzy 🏦
ETFs like BlackRock’s iShares Bitcoin Fund (IBF) are pulling in over $1 billion/day.
Pension funds and hedge funds are increasing exposure post-ETF approval.
2. U.S. “Crypto Week” Begins Today 🇺🇸
Congress is voting on pro-crypto bills:
CLARITY Act (defines crypto assets clearly)
GENIUS Act (tax simplification)
Anti-CBDC Bill (protects financial privacy)
3. Spot Demand Surging 💹
CEXs like Binance, Coinbase report record BTC spot trading volume.
BTC balances on exchanges have dropped to 5-year lows, a strong HODL signal.
4. Dollar Weakness + Inflation Hedges 💵
USD index dropped, while BTC is being viewed as a safer hedge than gold this cycle.
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