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Bitcoin volatility delaying the alt season?
BTC ETF has got more money inflow from institutional investors and this has triggered the bitcoin price to reach its previous all-time high. There has been significant price growth in bitcoin price after the Bitcoin spt ETF approval. Now the current price of Bitcoin is around $65K but there is volatility and probably this is the reason why the alt-coin rally has not started yet.
Bitcoin ETF is one of the best things that has happened in the crypto market. Now with spot ETF, the investment option is open for more people and institutions. The US state of Arizona has proposed a resolution in which they are considering Bitcoin ETF as an investment tool for the state’s retirement system. This can be a big move if implemented and it will also increase the demand for bitcoin whereas we know that the supply is limited.
We are moving towards the crypto bull run cycle. Some people say that its already started however the entire market is not up and this is why it seems that the bull run has not started yet but will start soon. Some crypto experts anticipate that this bullish cycle will be different from the previous ones. Its also because more countries are talking about regulation and because of all this its not going to be an easy cycle this time.
Blockchain is a technology that is highly advanced and scalable as well. The kind of characteristics it has can transform and revolutionize many industries and sectors. There is a question if this technology Blockchain can fix the Middle East's broken societies. This article can give you a better aspect on the topic and this tech can play an important role in making a change. Blockchain and digital currencies are a revolution and if adopted then things can be improved in significance. The world is moving toward digitization hence it is the need of the hour to adopt this technology and stay with worldwide tech growth and development.
Its the 21st century and undoubtedly we have highly advanced technology with us. Now the superpower rivalry has shifted from physical territories to the world of technology. Countries are trying to fight in a different way which looks different but certainly, a cold war is going on. China and the US are both the biggest economies in the world and they are going through a cold war situation. It goes through various sectors like Aviation, the electric vehicle sector, etc.
This year 2024 is the year of elections as many countries are going to have elections. Its obvious that there will be a lot of politics around us hence we need to be ready to deal with this. European elections are scheduled to happen on 9th June 2024 and this time its the 9th election. Its like Ursula von der Leyen is all set for the European election which is going to happen in the next few months.
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!1UP Good work!
!PGM !PIZZA
thanks
Fantastic news to follow!
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@leo-curator
And they will bring !PIZZA 🍕.
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@curation-cartel(5/20) tipped @kwick
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!ALIVE
!LOL
@kwick! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ cryptoyzzy. (6/10)
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great qork !PIMP
You must be killin' it out here!
@dynamicrypto just slapped you with 5.000 PIMP, @kwick.
You earned 5.000 PIMP for the strong hand.
They're getting a workout and slapped 2/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
thanks
Congratulations @kwick! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
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