🚨 $1T pre-IPO valuation for Anthropic on Jupiter market — a staggering 17.4% increase from last week's $851B valuation by Hiive.
📊 This matters because it defies the current market sentiment of Extreme Fear (24/100), with BTC and ETH prices hovering at $62,922 and $1,770 respectively, and a bullish RSI of 57.9 and 61.6.
💡 Smart money is watching the $72K level for BTC, as a close above it could trigger the next leg on every major timeframe, with #BTC, #ETH, and #BinanceSmartChain trending, and top traders like JADAWGS and 0x4731d7... showing significant profits.
🔍 The forward signal to watch is the Open Interest (OI) levels, currently at $6.52B for BTC and $4.13B for ETH, indicating conviction from institutional investors, with #VitalikOutlinesLeanEthereumRoadmap and #BrazilCentralBankSaysStablecoinsElectronicMoney being closely followed.
❓ Will this valuation spark a wave of investment in AI-related tokens, or is this a sign of a looming market correction, given the current Stablecoin Market Cap falling $10B to $300B?
📊 This matters because it defies the current market sentiment of Extreme Fear (24/100), with BTC and ETH prices hovering at $62,922 and $1,770 respectively, and a bullish RSI of 57.9 and 61.6.
💡 Smart money is watching the $72K level for BTC, as a close above it could trigger the next leg on every major timeframe, with #BTC, #ETH, and #BinanceSmartChain trending, and top traders like JADAWGS and 0x4731d7... showing significant profits.
🔍 The forward signal to watch is the Open Interest (OI) levels, currently at $6.52B for BTC and $4.13B for ETH, indicating conviction from institutional investors, with #VitalikOutlinesLeanEthereumRoadmap and #BrazilCentralBankSaysStablecoinsElectronicMoney being closely followed.
❓ Will this valuation spark a wave of investment in AI-related tokens, or is this a sign of a looming market correction, given the current Stablecoin Market Cap falling $10B to $300B?