đ Bitcoin Breaks Out! đ
Bitcoin (BTC) surged 6% on July 26, teasing the $68,000 mark. This spike coincided with a dip in the US 5-year yield, hitting its lowest since March 2024. Gold also joined the party, climbing 1.4% to near $2,400.
So, what's driving this crypto frenzy? đ€
- Stalling stock market and weak real estate data are making Bitcoin shine.
- Investors are eyeing Bitcoin as a safe haven, similar to gold.
- Pension funds are jumping on the Bitcoin bandwagon, adding fuel to the fire.
Is Bitcoin the new digital gold? Drop your thoughts in the comments! đŹ
#Bitcoin #CryptoTrends #DigitalGold