The Good News Catalogue (Pt. 4): Five Pieces of Positive News That’ll Give You the Zoomies
TL;DR
BTC has historically pumped at this point, BTC & ETH just hit yearly highs, all top 10 cryptos are up over 7 days (2-18%), the BTC ETFs are beating Gold’s ETF launch.
Full Story
Are you a cryptocurrency holder?
Are you looking to start feeling good about your decision to buy and hold over the past 12-18 grueling months of market fluctuations?
Say. No. More.
Here’re three pieces of positive news that’ll give you the zoomies:
We’ve covered that the ‘golden fib’ broke on Bitcoin this week…but what is it meant to lead to??
Historically, that ☝️ (see header image).
Yesterday’s BTC sell off from $50.5k to $48.5k? That’s old news. We’re already back to yearly highs of $51.5K.
Speaking of yearly highs, it’s vindication time for Ethereum holders!
ETH just hit $2.74k, adding the entire market cap of Solana ($50B) to its total value in the past week or so (nice!).
What? That’s not enough?
Ok, here’s a bonus piece to push you over the edge:
All of the Top 10 cryptocurrencies (excluding stablecoins) are up anywhere between 2.7-18.9% over the past 7 days (with Solana and Bitcoin currently fighting for pole position at +18.9%).
More?? You want more? Ok, how’s this:
The Bitcoin ETFs have absorbed a net total of $3B so far — it took the Gold ETFs two whole years to reach the same milestone, back when they launched 20 years ago.
(Even when you adjust for inflation — that’s impressive!)
Alright, that’s it. No more. Look at yourself — you’re all sweaty and shaking.
You’re officially cut off.