Trump sneezes on tariffs, Wall Street catches a cold, crypto convulses: 1.6 million traders liquidated, 19 billion evaporated. The crash is no longer a threat, it's a slap.
Despite a correction of more than 4% after a historic peak at $126,219, bitcoin maintains a solid bullish momentum, supported by robust institutional fundamentals. Massive flows to ETFs and renewed Wall Street confidence paint the picture of a maturing market. From Citibank to JPMorgan, the giants of American finance now anticipate a rise to $150,000 by December.
During this festive Christmas season, the crypto market is buzzing with a notable surge of optimism. Data from the bitcoin derivatives market suggest a strong likelihood of seeing the queen of cryptos reach 105,000 dollars, driven by a persistent bullish sentiment and favorable technical indicators.
In a consolidation context below 98,000 dollars, bitcoin shows signs of short-term weakness. However, derivatives market data reveals persistent trader confidence, suggesting that this phase is only temporary.
Bitcoin is making another roller coaster move, climbing to $69,000 before taking off for a new financial twist.
Vanguard on the crypto touch: "We do not copy BlackRock, nor their Bitcoin ETFs." There, it's said!