jpyxx According to Bloomberg-yes, that same Bloomberg-the crypto world had its own version of a “Great Escape.” Investors snatched away nearly $1 billion from Bitcoin ETFs, marking the second-largest daily outflow ever. BlackRock’s IBIT took the lion’s share, with a swift $355 million pulled out, while Grayscale’s GBTC and Fidelity’s FBTC each saw nearly $200 million waltz out the door.
This transpired amid the underlying asset’s tumultuous tango, which pirouetted between $80,000 and a five-grand rebound, as if the market itself were a fickle lover, alternating between despair and delirium.
My dear, Kiyosaki insists this isn’t a flirtation with doubt but a strategic sashay toward recurring income. How marvelously pragmatic! 🕺
Strengthening U.S. digital-asset policy seems to be shaping some sort of notion for a clearer crypto framework. At the SIFMA conference,-yeah, I’d rather be at a coffee shop-Jamie Selway from the SEC talked about rebuilding trust and how crypto is apparently getting trendy and fit into the ever-so-evolving market structure. 🙄
Fast-forward twelve months, and behold: MicroStrategy’s stock took a nosedive of 68%, as if it had suddenly discovered the art of falling gracefully, while Bitcoin, the darling of some enthusiasts, only sulked downward by 15%. Here’s the poetic justice-one sees Wall Street’s version of “Oops, I did it again,” and the other just limped along, perhaps embarrassed but still holding on for dear life. 🤡💸
The JESSE token, poor thing, was but a puppet in this macabre ballet. Transferred to 0x9572, it was sold for $800,000-a profit of $600,000, as if the coin itself were a sacrificial lamb to the altar of greed. Bubblemaps, that impartial chronicler, dubbed it a “highly efficient snipe,” as though efficiency could absolve the moral rot of such transactions. The precision of the trade? A feat of technical mastery, yes, but also a testament to the abyss where human ambition meets machine coldness. 🌀💔
Behold, the Death Cross hath reared its ghastly head once more, foretelling a plunge of 64%-77% in BTC’s price. What a farce! 🤡📉
Long-term holders, those stoic guardians of the digital realm, take their profits and retreat, while the highly-leveraged, oh the fools! 🃏, are swept away like leaves in an autumn storm. 🍂 The billions lost? Mere crumbs in the grand feast of speculation. And yet, the analysts, with their charts and graphs, insist: “This is no exodus, but a brief interlude in the march towards institutional glory.” 🎭
Oh, the anguish of Bitcoin futures liquidations surpassing $1 billion! A veritable river of tears for the bears, who now declare this the “fastest bear market ever.” 🧙♂️
See, ol’ Bitcoin had a head start in the market cycle, sprintin’ to new all-time highs before the 2024 halving, and Rekt Capital reckoned it was 260 days ahead of schedule. But just like a runaway mule, that lead has now been tamed.
