Bitcoin surges to a new all-time high, eyeing US$100k as market confidence grows. ETFs see record inflows, driven by Ethereum’s rally and rising institutional interest. Meanwhile, US inflation stabilises and Australia’s consumer confidence dips, signalling mixed economic signals across global markets.
Ethereum has experienced a strong rally, rising nearly 30% in the past week and reaching the US$3,300 level for the first time since July.
The 2021 bull cycle showed a clear pattern in Bitcoin dominance and total crypto market cap growth that could offer insights into what might happen if the market surges again.
Until recently, DeFi tokens have been largely labelled as "useless governance tokens", tokens which serve no value other than voting on protocol changes via governance voting rights.
Trump takes the Presidency and pushes Bitcoin to a new all-time high of A$115k. BlackRock leads Bitcoin ETFs to new milestone. RBA holds rates as inflation rises. Real Vision discusses a liquidity-driven crypto bull-cycle. Tether's Q3 profit hits US$2.5 billion. US job growth slows.
After a six-month hiatus, central banks are once again flooding the markets with liquidity as leverage and expectations reset, setting the stage for the next wave of the crypto bull market.
