Bitcoin and Ethereum Rocket Upward: Here’s the Fuel Behind Today’s Price Surge
Crypto bulls are stampeding again—BTC and ETH just ripped double-digit gains overnight. What’s pumping the rally? Let’s break it down.
The Macro Tailwinds
Fed rate-cut whispers and a weaker dollar are sending risk assets into orbit. Traders are ditching ‘old economy’ plays like gold (sorry, boomers) to front-run liquidity injections.
Institutional FOMO Hits Overdrive
BlackRock’s ETF inflows hit $300M daily—proof Wall Street’s ‘digital gold’ narrative finally stuck. Meanwhile, Ethereum’s layer-2 ecosystem now processes Visa-level transactions (with 1/1000th the regulatory scrutiny).
The Cynical Kicker
Remember when banks called crypto a ‘fraud’? Now they’re quietly accumulating while lobbying for custody licenses. How… convenient.