Bitcoin & Worldcoin Defy Gravity as Greed Returns to Crypto Markets
Crypto’s old guard and new disruptors surge in tandem—because nothing says ’healthy market’ like retail FOMO meeting AI-powered eyeball scans.
Bitcoin (BTC) punches past $65K as ETF inflows hit $1.2B this week. Meanwhile, Worldcoin (WLD) rockets 40% after adding 2M new users—proving even dystopian biometric schemes get love in a bull run.
Analysts cite three drivers: 1) Fed rate cut hopes, 2) Hong Kong’s new crypto ETFs going live, and 3) TradFi giants quietly accumulating while publicly warning about ’speculative risks.’ Classic.
Warning signs flash as BTC open interest hits $38B and funding rates turn positive. But when has excessive leverage ever backfired in crypto? *checks 2022 notes*
The crypto market has been expressing a considerable surge across several projects this weekend. As the new market data highlights, Bitcoin ($BTC) maintains its price above the $94K mark, while Worldcoin’s ($WLD) price is standing above $1.20 after noteworthy gains. Overall, both crypto assets present a bullish outlook.
Bitcoin ($BTC) Stays above $94K Following Attaining $95K Mark
Bitcoin ($BTC) has seen a remarkable price uptick during this weekend. After attaining the $95K mark on Friday, it has been moving around $94K with slight fluctuations. Interestingly, on Saturday, $BTC has remained above the $95K spot. Following that, at the moment, it is changing hands at $94,113.46. This price level accounts for a 0.59% dip over the past 24 hours.
In addition to this, the 7-day price performance of the flagship cryptocurrency denotes a 10.49% upsurge. Apart from that, it expresses a 9.20% spike in its price when it comes to monthly price movement. In this respect, the wider positive market sentiment is driving Bitcoin’s price amid the favorable macroeconomic developments.
Worldcoin ($WLD) Touches $120 after Sheer Rise over Weekend
Simultaneously, Worldcoin ($WLD) has also recorded a staggering price growth on price charts this weekend. In line with the market data, Worldcoin has been witnessing a continuous surge during this weekend. Specifically, on Saturday, it spiked from $1.0259 to the height of $1.2533. Nonetheless, after attaining that spot it has experienced a slight dip and its current price is up to $1.20.
Presently, Worldcoin ($WLD) accounts for a 5.37% increase over the past 24 hours. Additionally, throughout the week, it has seen a stunning 58.73% price rise. Moreover, when it comes to 30-day price performance, Worldcoin shows a 34.59% price upsurge. Keeping this in view, both the crypto assets are making positive returns amid the heightened market volatility.
