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Bloomberg just posted a story and immediately withdrew it before someone could really read it.
Just a fraction of seconds.
Something very big is coming.
Either a Blood decline or a flower BULL.
Follow for more updates.
#ETH #bloomberginsights
Bloomberg just posted a story and immediately withdrew it before someone could really read it.
Just a fraction of seconds.
Something very big is coming.
Either a Blood decline or a flower BULL.
Follow for more updates.
#ETH #bloomberginsights
Bloomberg says not to worry !
Bitcoin price has dropped 12% in the last 5 days, leading to fear among investors before the halving.
However, Bloomberg analyst Eric Balchunas believes this is a normal cool-off after a record-breaking period for Bitcoin ETFs.
He points out that the recent outflows are small and not caused by institutional investors but by individual Bitcoin holders. Despite the recent dip,
Bitcoin is still up significantly compared to last year.
#bloomberginsights #BitcoinHodlers #news2024 #Bitcoin❗️
Bitcoin price has dropped 12% in the last 5 days, leading to fear among investors before the halving.
However, Bloomberg analyst Eric Balchunas believes this is a normal cool-off after a record-breaking period for Bitcoin ETFs.
He points out that the recent outflows are small and not caused by institutional investors but by individual Bitcoin holders. Despite the recent dip,
Bitcoin is still up significantly compared to last year.
#bloomberginsights #BitcoinHodlers #news2024 #Bitcoin❗️
Bitcoin Lifted Above $100,000 on Firming Expectations of Fed Cut
(Bloomberg) -- Bitcoin renewed a climb past $100,000 after the latest US inflation data bolstered bets on another Federal Reserve interest-rate cut.
The digital asset rose nearly 5% on Wednesday in the US, the most in two weeks, before paring some of the gain to change hands at $100,665 as of 8:52 a.m. on Thursday in Singapore. Smaller tokens traded in relatively tight ranges.
President-elect Donald Trump’s moves to undo a Biden administration crypto crackdown in favor of looser regulations helped to push Bitcoin to an all-time peak of $103,800 on Dec. 5.
But the original cryptocurrency subsequently struggled to stay above the six-figure level as speculators took some profits.
US consumer-price inflation last month met forecasts, cementing expectations for a reduction in borrowing costs by the Fed next week.
The prospect of looser monetary conditions soothed investor sentiment, sending the tech-heavy Nasdaq 100 stock index to a record high.
“The market likes seeing inflation come in within expectations,” said Henry Elder, a principal at UTXO Management, adding that traders are “trying to figure out if $100,000 is a ceiling or a floor.”
Aside from supportive regulations, Trump has also backed the idea of a strategic national Bitcoin stockpile, though many question the feasibility of the latter idea.
The president-elect’s son Eric Trump said on Bloomberg Television that his father is “going to be an unbelievable ally to the industry.”
Donald Trump used to be a digital-asset skeptic but pivoted as the industry spent big on promoting its interests during US election campaigning.
The Republican now has his own projects in crypto, a controversial sector with a history of volatility, fraud and criminal activity.
Market leader Bitcoin is up roughly 50% since Trump’s victory in the US election on Nov. 5, aided by a net inflow of about $11 billi
#bloomberginsights #BTC100K🔥🔥 #FedCut #CryptoMarketTrend #CryptoNews
(Bloomberg) -- Bitcoin renewed a climb past $100,000 after the latest US inflation data bolstered bets on another Federal Reserve interest-rate cut.
The digital asset rose nearly 5% on Wednesday in the US, the most in two weeks, before paring some of the gain to change hands at $100,665 as of 8:52 a.m. on Thursday in Singapore. Smaller tokens traded in relatively tight ranges.
President-elect Donald Trump’s moves to undo a Biden administration crypto crackdown in favor of looser regulations helped to push Bitcoin to an all-time peak of $103,800 on Dec. 5.
But the original cryptocurrency subsequently struggled to stay above the six-figure level as speculators took some profits.
US consumer-price inflation last month met forecasts, cementing expectations for a reduction in borrowing costs by the Fed next week.
The prospect of looser monetary conditions soothed investor sentiment, sending the tech-heavy Nasdaq 100 stock index to a record high.
“The market likes seeing inflation come in within expectations,” said Henry Elder, a principal at UTXO Management, adding that traders are “trying to figure out if $100,000 is a ceiling or a floor.”
Aside from supportive regulations, Trump has also backed the idea of a strategic national Bitcoin stockpile, though many question the feasibility of the latter idea.
The president-elect’s son Eric Trump said on Bloomberg Television that his father is “going to be an unbelievable ally to the industry.”
Donald Trump used to be a digital-asset skeptic but pivoted as the industry spent big on promoting its interests during US election campaigning.
The Republican now has his own projects in crypto, a controversial sector with a history of volatility, fraud and criminal activity.
Market leader Bitcoin is up roughly 50% since Trump’s victory in the US election on Nov. 5, aided by a net inflow of about $11 billi
#bloomberginsights #BTC100K🔥🔥 #FedCut #CryptoMarketTrend #CryptoNews
📣#Bloomberg
#bitcoin is one of the “most daring and successful financial experiments in modern history.”
#Bloomberg #bloomberginsights
$BTC
#bitcoin is one of the “most daring and successful financial experiments in modern history.”
#Bloomberg #bloomberginsights
$BTC