Bitcoin staged a remarkable comeback after light US inflation data sparked optimism among investors. Discover how market dynamics are shifting and what this could mean for crypto’s future performance.
XRP surges with whale activity, driving price and market cap. The crypto market grows by 3.46% to US$3.39 trillion. Chainlink rises 29%, and HBAR sees a 700% rally. ASIC proposes expanded crypto regulations.
The crypto market logged its fourth week of growth, with the total crypto market cap up 3.46% to US$3.39 trillion, driven by investor confidence, liquidity, and capital inflows.
BTC ETF options drove record growth, while Ethereum ETFs saw US$515 million in inflows. Solana prices soared, and speculation grew over Trump’s SEC Chair pick amid Ripple case developments. Chainlink partners on Brazil's CBDC pilot.
In my last report, I highlighted a liquidity-driven price forecast for Bitcoin, which is ascending to global reserve asset status as the best hedge against monetary debasement. This link with currency debasement has held up fairly well over Bitcoin’s short history.
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.