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Headlines for the Day 🚨 1️⃣Vancouver City Council passed motion to make the city “Bitcoin-friendly”$BTC 2️⃣🇺🇸 Elon Musk's net worth has escalated to a record-setting figure of $442 billion, making him the first person to exceed the $400 billion threshold 3️⃣Mt. Gox moved over 2,300 BTC to an unidentified wallet, marking another significant transfer this month. 4️⃣🇺🇸 $56 billion asset manager AMP buys $27 million worth of Bitcoin. 5️⃣🇨🇳 Bitcoin ETF ads spotted on China’s leading payment app Alipay.They have over 1 BILLION users#MarketMajorComeback #BTCNextDirection? #CPI4MonthsHigh #BinanceMEOpening
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AltSeason has started 🚀 #altsesaon # A few dips in between the up-only mode#AltSeasonBoom? #Memerally #CardanoFoundationHack #PEPELeapsToNewATH
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Headlines for the Day 🚨 1️⃣Bitcoin takes a hit, dropping from $104,284 to $90,804 overnight liquidating over $1.03 Billion from the market$BTC 2️⃣🇺🇸 Senator Cynthia Lummis said "Thinking of going laser eyes until Strategic Bitcoin Reserve." 3️⃣🇨🇦 Stablecoin issuer Circle says USDC is first stablecoin to meet Canada’s new listing rules. 4️⃣Mt. Gox moves another $352.69M worth of Bitcoin to 2 new wallets.# 5️⃣The czech republic has eliminated capital gains tax on bitcoin #2024withBinance #ETHCrosses4K #BTCRecoveredTo97K #AltcoinMarketWatch
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Headlines for the Day 🚨 1️⃣Bitcoin Mining Firm Foundry Confirms Layoffs Despite Rising Miner Revenues.$BTC 2️⃣Mt. Gox moves $2.43B in BTC to unknown wallet. 3️⃣Analysts predict ETH Price to $4,000 Imminent as Ethereum ETF Inflows Surge Again 4️⃣1 billion $USDT minted at Tether Treasury on Ethereum. 5️⃣The total crypto market cap has reached a new all-time high of $3.6 trillion.#BTCDipsTo90.5K #BTC100K! #CryptoHistoricMoment #CryptoMarketHype
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Altseason 3.0 Has Begun The chart highlights the behavior of Bitcoin Dominance (BTC.D) over time, focusing on its declines post-halving events and the subsequent "Altseason" periods where altcoins outperform Bitcoin. 🔸 Historical Altseasons: → Post-2016 Halving: After the 2016 halving, Bitcoin's dominance fell sharply in 2017, culminating in a significant altseason where many altcoins reached new all-time highs. → Post-2020 Halving: Similarly, after the 2020 halving, Bitcoin dominance peaked and then fell as the market entered another altseason in 2021, with both large-cap and smaller altcoins experiencing massive rallies. → Current Cycle: With the 2024 halving approaching, BTC dominance is near its cyclical peak, and the decline suggests the beginning of another altseason. Large-cap altcoins are already starting to outperform, with some making new all-time highs. 🔸Final Note: BTC dominance has likely made its high for this cycle. The market is officially entering altseason, with large-cap altcoins already hitting new all-time highs. This signals a shift in market focus from Bitcoin to broader opportunities in the cryptocurrency space.#BTC100K! #CryptoZombieUprising #Share1BNBDaily #MicrosoftBTCInvestmentVote
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