Rumble's transition to Bitcoin standard is an interesting step, demonstrating the growing interest in Bitcoin as a means of long-term value storage and a way to diversify assets.
Key points:
• Investment in BTC: $20 million from Rumble confirms their confidence in Bitcoin's future and strengthens its role in the media industry.
• Current BTC price: Despite the involvement of major players, Bitcoin remains below the $93,000 mark, which may be related to market correction.
• Liquidations: The daily volume of $530.91 million highlights volatility, especially in conditions of greed in the market (index 79).
Possible prospects:
• Support from companies like Rumble could stimulate mass adoption of BTC.
• However, extreme greed in the market is a signal of potential correction risks.
Keep an eye on support levels and new initiatives to better assess market movements. 🚀📉 Your thoughts?$SOL