The full post is available to paid members — enjoy a free preview of today’s content! Bitcoin Forcefully Retakes $71,000, New All-Time Highs Next, ETH ETF Is Here5 weeks' worth of developments have happened overnight. Let's analyze.River is our Bitcoin exchange of choice. Securely buy Bitcoin with zero fees on recurring orders, have peace of mind thanks to their 1:1 full reserve multisig cold storage custody, and withdraw at any time. Need help? They have US-based phone support for all clients. Now introducing River Link 🔗allowing you to send Bitcoin over a text message that can be claimed to any wallet. Give a gift, pay a friend for dinner, or orange pill your friends, completely hassle-free. Use River.com/TBL to get up to $100 when you sign up and buy Bitcoin. Good morning readers, There are weeks when nothing happens, and there are days when weeks happen. On Monday, 4 to 5 weeks’ worth of developments in the bitcoin ecosystem were jammed into one day:
Folks: sit down and grab a cup of coffee. It’s going to be a juicy one today. Ethereum ETF is fast-tracked in D.C., still weak against BTCOur favorite pair for gauging bitcoin dominance relative to the crypto basket of assets is ETH/BTC. Ethereum has the largest market cap of all non-bitcoin cryptocurrency, thus gives us the most accurate barometer about how all of the rest are stacking up to the king. Take a look at how bad this chart has gotten over the last 7 years... Subscribe to The Bitcoin Layer to read the rest.Become a paying subscriber of The Bitcoin Layer to get access to this post and other subscriber-only content. A subscription gets you:
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Tuesday, May 21, 2024
Bitcoin Forcefully Retakes $71,000, New All-Time Highs Next, ETH ETF Is Here
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