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JUST IN: 🇺🇸 President-elect Trump rings New York Stock Exchange opening bell after being named TIME's 'Person of the Year.'
#DonaldJTrump
#NewYorkCrypto
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DATA : 📊 Fewer than 20% of Americans 🇺🇸 currently earn the annual income required to afford a home or a Bitcoin 💰 $BTC #MarketNewHype #ETHHits4KAgain #BTCNewATH
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●Bitcoin goes ’Santa Claus mode’ as hopes raise for US reserve status ●Bitcoin surged nearly 5% on Dec. 15, hitting an all-time high of $106,554 before stabilizing around $106,000, according to TradingView. This rally follows increasing speculation about Bitcoin becoming a U.S. reserve asset. Its previous record of $104,000 was set on Dec. 5. ●CK Zheng, CIO of ZK Square, attributes Bitcoin’s rally to investors fearing they’ll miss out, dubbing it “Santa Claus mode.” He predicts Bitcoin could hit $125,000 by early 2025 but warns of a potential 30% correction to around $87,500, as much of the optimism tied to the incoming Trump administration is already factored into the price. ●Strike CEO Jack Mallers suggested President-Elect Trump might issue an executive order designating Bitcoin as a reserve asset on Jan. 20, potentially acquiring a “significant position.” Meanwhile, Dennis Porter, CEO of Satoshi Action Fund, revealed that a third Bitcoin reserve bill is in development at the state level, following initiatives by Texas and Pennsylvania. Porter anticipates at least 10 states will introduce similar bills. ●Analysts expect a 0.25% rate cut from the Federal Reserve on Dec. 18, which could further boost Bitcoin’s price. Another contributing factor is a new Financial Accounting Standards Board rule allowing institutions to value crypto assets more realistically, effective for fiscal years starting after Dec. 15. ●Bitcoin’s sentiment index sits at 83/100 (“Extreme Greed”), its highest since Dec. 5, when Bitcoin surpassed $100,000. $BTC #BTCNewATH #MarketNewHype #ETHHits4KAgain
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TRUMP: 🇺🇸 "Never sell your #Bitcoin." $BTC #MarketNewHype #BTCNewATH #ETHHits4KAgain
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NEW: ●🥇 Bitcoin holdings per country. $BTC #MicroStrategyJoinsNasdaq100 #bitcoin☀️
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NEW :⚡️ Musician Drake’s X account seemingly hacked, used to promote Solana💰 memecoin. $SOL #solnameme #Drake #MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M
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