🟢 GREEN LIGHTS AHEAD
Cyptochads, rise up.
Bitcoin has finally broken $50,000 barrier (again), powered by the upcoming halving and the good numbers BlackRock and Fidelity Investments Bitcoin ETFs posted last month.
To add to the crypto party, recent activity showed a large boost in stablecoins Market Caps, signifying growing inflows into the market.
Analysts are optimistic that Bitcoin’s new target could be as high as $69,000.
Ethereum and Solana are among the gainers as well.
Ethereum hodlers are eagerly awaiting for the approval its ETFs. And paradoxically, Solana has seen a collateral boost as traders seem to prefer its network over the classic Ethereum network to commit their transactions.
Commodities as a whole are currently undergoing a deflationary impasse as China seems to be “oversupplied” after last year’s oil binge and prices drop all throughout the country.
