Strong price breakouts, moves by global firms and political initiatives are setting the pace for the crypto market.
Bitcoin has reached a new all-time high of USD 97,850, marking an increase of 8.6% week-over-week and 5.7% day-over-day. Breaking through the psychological threshold of USD 100,000 could potentially trigger the onset of an altcoin season.
Source: CryptoTicker
Bitcoin’s market capitalization has reached USD 1.93 trillion, surpassing that of the silver market. To become the world’s largest asset, Bitcoin would need to overtake Alphabet, Amazon, Microsoft, Apple, Nvidia, and gold.
Source: Crypto Briefing
Trading of options on BlackRock’s Bitcoin ETF has commenced in the United States. On the first day, volume exceeded USD 2 billion, indicating strong institutional interest.
Source: Cointelegraph
Sławomir Mentzen has announced plans to establish a strategic Bitcoin reserve in the event of an electoral victory. “Poland will become a cryptocurrency haven with friendly regulations,” the candidate stated.
The proposed program includes the liberalization of cryptocurrency trading and the introduction of the most favorable legal framework in the EU for blockchain companies.
Source: X
Cryptocurrencies are volatile and carry risk. Invest responsibly.
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