⚡️ Will Bitcoin's Rise Continue?
Yesterday, BTC broke a new two-month high at $66,500, primarily fueled by inflows into ETFs, which saw $556 million, the largest inflow since June. Analyst Kelly Greer of Galaxy Digital noted: “BTC rallied sharply as a break above the 200-SMA sparked renewed interest from call buyers. The most popular of these strikes were the $75-100k calls for the fourth quarter of this year.” Therefore, investors are expecting continued gains above $65k.
🔼 Market sentiment was broadly buying on positive economic data from China and the US, with US stocks hitting new highs.
🧠 Nvidia shares hit a new all-time high, while the AI coin sector grew by 3-10%.
💵 Elon Musk is on track to become the world's first trillionaire by 2027, according to a recent report from Informa Connect Academy.
