$BTC Update ๐
Bitcoin is holding above $86,000 today, as the total crypto market hits $3.03 trillion.
๐ What's driving it: Yesterday's breakout is holding strong โ DeFi (decentralized finance) tokens rose 2.2% today, and $18.1 billion in options contracts are set to expire soon, adding extra attention to price levels around this range.
๐ Even meme coins are joining in โ Dogecoin jumped 3% today, part of a broader rally across meme coins and altcoins.
๐ฐ Institutional interest: Michael Saylor's company (Strategy) just bought another 950 BTC for $75.7 million โ bringing their total holdings to 846,000 BTC, just 1,363 coins away from their all-time record stash.
๐ฏ Market sentiment remains strongly bullish, building on this week's momentum.
โ ๏ธ Crypto is highly volatile โ after a strong run-up, pullbacks can happen fast. Only invest what you can afford to lose. Not financial advice.
$BTC
Bitcoin is holding above $86,000 today, as the total crypto market hits $3.03 trillion.
๐ What's driving it: Yesterday's breakout is holding strong โ DeFi (decentralized finance) tokens rose 2.2% today, and $18.1 billion in options contracts are set to expire soon, adding extra attention to price levels around this range.
๐ Even meme coins are joining in โ Dogecoin jumped 3% today, part of a broader rally across meme coins and altcoins.
๐ฐ Institutional interest: Michael Saylor's company (Strategy) just bought another 950 BTC for $75.7 million โ bringing their total holdings to 846,000 BTC, just 1,363 coins away from their all-time record stash.
๐ฏ Market sentiment remains strongly bullish, building on this week's momentum.
โ ๏ธ Crypto is highly volatile โ after a strong run-up, pullbacks can happen fast. Only invest what you can afford to lose. Not financial advice.
$BTC