Crypto Weekly Bulletin โ€“ A Week of Surging Markets & Digital Asset Milestones! ๐ŸŒ๐Ÿ“ˆ

๐Ÿš€ Crypto Weekly Bulletin โ€“ A Week of Surging Markets & Digital Asset Milestones! ๐ŸŒ๐Ÿ“ˆ

๐Ÿš€ Crypto Weekly Bulletin โ€“ A Week of Surging Markets & Digital Asset Milestones! ๐ŸŒ๐Ÿ“ˆ

Welcome to Crypto Weekly, where we break down the most crucial moments in crypto and financial markets! Hereโ€™s everything you need to know from last weekโ€™s wild ride! ๐ŸŽข

๐Ÿ“ˆ Bitcoinโ€™s Rally and Goldโ€™s New Highs

This past week, Bitcoin saw an impressive rise, hitting its monthly peak at $64K ๐Ÿช™๐Ÿ’ฅ, while gold hit an all-time high, driven by global inflation concerns. With the Fed’s rate cuts in motion, this rally comes as no surprise. Meanwhile, the US dollar strengthened against the yen, showing resilience amid market volatility.

๐Ÿฆ Fed Rate Cuts Fuel Crypto and Stock Market Surge

The 50 bps rate cut from the Federal Reserve has sparked bullish momentum across major markets. Both the Nasdaq and S&P 500 hit record highs alongside gold, while Bitcoin is approaching $65K as we see strong support from liquidity injection. Futures markets are already pricing in another potential 50 bps cut, signaling weโ€™re firmly in the rate-cutting cycle. ๐Ÿ“‰๐Ÿ’ธ

๐Ÿ›ก๏ธ SEC Greenlights Bitcoin ETF Options

In a landmark decision for crypto derivatives, the SEC approved Nasdaq to list options on the iShares Bitcoin Trust ETF! This opens a significant gateway for institutional players and could push Bitcoin to new all-time highs. The shift toward spot Bitcoin ETFs is gaining traction, with $92 million inflows recorded last Friday alone! ๐Ÿ’ผ๐Ÿ’ฐ

๐Ÿ‡บ๐Ÿ‡ธ Kamala Harris Speaks on Digital Assets

For the first time, Kamala Harris publicly addressed the topic of digital assets, stating, โ€œWe will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.โ€ While her stance isnโ€™t as clear-cut as Trumpโ€™s pro-Bitcoin approach, it shows that crypto is becoming a central topic in the upcoming US elections. ๐Ÿ’ฌ๐Ÿ—ณ๏ธ

๐Ÿงฉ Altcoins Pump Post-Fed Decision

The Fed’s interest rate cuts also benefited altcoins, which saw significant pumps ๐Ÿš€ following the decision. Traders are eyeing further upside as liquidity flows back into riskier assets. Ethereumโ€™s ETH/BTC ratio is still under pressure, but weโ€™re seeing some signs of rebalancing, hinting at a potential recovery soon.

๐Ÿ“น Supreme Court of Indiaโ€™s YouTube Hacked

In an unusual cyber event, the YouTube channel of the Supreme Court of India was compromised and used to stream crypto ads. This highlights the ongoing security challenges in the crypto space, reminding everyone of the importance of cybersecurity when dealing with digital assets. ๐Ÿ”โš ๏ธ

๐Ÿ”ฎ Whatโ€™s Next? Key Events to Watch:

  • Monday: British, US, French, and German PMI figures.
  • Tuesday: Australian Interest Rates decision.
  • Wednesday: US Consumer Confidence Report and Australian CPI figures.
  • Thursday: Swiss Bank Interest Rates, US GDP data, and Unemployment Claims. Federal Reserve Chair speaks.
  • Friday: Canadian GDP and CPI figures.

๐ŸŒŸ Final Thoughts

Bitcoin is clearly on the move, breaking key technical patterns, and thereโ€™s growing belief that it could close the market gap with gold in the next decade. Analysts suggest a potential 15x upside for Bitcoin, which could mean $950K BTC in the long run! Michael Saylorโ€™s latest analysis suggests Bitcoin could one day represent 7% of global capital โ€“ a massive opportunity for the crypto space. ๐ŸŒ๐Ÿ“Š

Stay tuned for more updates as we keep you informed on every key development in the world of digital assets and crypto markets. See you next week! โœŒ๏ธ๐Ÿš€

7 thoughts on “๐Ÿš€ Crypto Weekly Bulletin โ€“ A Week of Surging Markets & Digital Asset Milestones! ๐ŸŒ๐Ÿ“ˆ

  1. Greetings! I know this is kinda off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having trouble finding one? Thanks a lot!

  2. Hi, i feel that i saw you visited my weblog so i came to โ€œreturn the wantโ€.I am trying to to find issues to improve my website!I suppose its adequate to use some of your concepts!!

  3. Nice post. I was checking constantly this blog and I’m impressed! Extremely useful info particularly the last part ๐Ÿ™‚ I care for such info much. I was seeking this particular info for a very long time. Thank you and best of luck.

  4. Thanks for the ideas you are revealing on this site. Another thing I would like to say is the fact getting hold of copies of your credit score in order to look at accuracy of any detail is one first action you have to conduct in credit repair. You are looking to clear your credit file from detrimental details errors that mess up your credit score.

Leave a Reply

Your email address will not be published. Required fields are marked *

ATTENTION!!! TOP 100 Telegram Games