๐ Bitcoin soared past $100K, driven by post-election optimism and the appointment of crypto-friendly Paul Atkins as SEC chair! Citi analysts highlight the role of ETF flows and growing adoption in this rally. ๐
While Bitcoin's dominance dips, a more relaxed regulatory landscape could unlock new opportunities for other digital assets. Citi notes that the macro environment remains favorable for crypto, despite no significant rise in on-chain activity.
What do you think about Bitcoin's future in this evolving market? Share your thoughts!