🚀 Crypto Weekly Bulletin – A Week of Surging Markets & Digital Asset Milestones! 🌍📈
🚀 Crypto Weekly Bulletin – A Week of Surging Markets & Digital Asset Milestones! 🌍📈
Welcome to Crypto Weekly, where we break down the most crucial moments in crypto and financial markets! Here’s everything you need to know from last week’s wild ride! 🎢
- Time FARM Telegram GAME! https://t.me/TimeFarmCryptoBot?start=1brtoiiG0P7ocvXz8
📈 Bitcoin’s Rally and Gold’s New Highs
This past week, Bitcoin saw an impressive rise, hitting its monthly peak at $64K 🪙💥, 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.
🏦 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 we’re firmly in the rate-cutting cycle. 📉💸
🛡️ 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! 💼💰
🇺🇸 Kamala Harris Speaks on Digital Assets
For the first time, Kamala Harris publicly addressed the topic of digital assets, stating, “We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.” While her stance isn’t as clear-cut as Trump’s pro-Bitcoin approach, it shows that crypto is becoming a central topic in the upcoming US elections. 💬🗳️
🧩 Altcoins Pump Post-Fed Decision
The Fed’s interest rate cuts also benefited altcoins, which saw significant pumps 🚀 following the decision. Traders are eyeing further upside as liquidity flows back into riskier assets. Ethereum’s ETH/BTC ratio is still under pressure, but we’re seeing some signs of rebalancing, hinting at a potential recovery soon.
📹 Supreme Court of India’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. 🔐⚠️
🔮 What’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.
🌟 Final Thoughts
Bitcoin is clearly on the move, breaking key technical patterns, and there’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 Saylor’s latest analysis suggests Bitcoin could one day represent 7% of global capital – a massive opportunity for the crypto space. 🌐📊
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! ✌️🚀