🚀DeFi & Web 3 fans, rejoice! Bitcoin soared past $38k, fueled by hopes of a spot ETF approval🎉. Solana's SOL led the gains among layer 1 blockchains, jumping 8% in the last 24hrs🔥. Avalanche's AVAX rose 6.6%, while Cardano's ADA & Tron's TRX climbed over 5%📈.
😂Fed Governor Chris Waller hinted at possible rate cuts, saying current policies are in the "right place" & if inflation keeps slowing down, there are good arguments for lowering rates in a few months🤔.
🤑Higher rates usually mean riskier assets like stocks & cryptos take a hit, but Standard Chartered doubled down on their April forecast of BTC hitting $100k by end of 2024🎯. They believe multiple spot Bitcoin ETF approvals are likely to arrive sooner than expected, acting as catalysts for an uptrend🚀.
💬What do you think about these predictions? Share your thoughts in the comments! Let's get the conversation going!🗣️ #DeFi #Web3 #Bitcoin #ETF #Solana #Avalanche #Cardano #Tron