Bitcoin’s Wild Ride 🎢

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It’s been a rip-roaring week, folks! The world’s been going utterly bonkers, but our beloved bitcoin has been taking it all in stride. Well, mostly in stride. Okay, fine, it’s been a bit of a rollercoaster, but what’s new, eh? 🎠

It all kicked off when Israel decided to launch a surprise missile attack on Iran. Now, I’m no expert, but I’m pretty sure that’s not exactly the best way to make friends. Anyway, bitcoin’s price took a bit of a tumble, plummeting from a whopping $108,000 to a mere $103,000 in the blink of an eye. Gosh, I hope no one got whiplash! 🤯

But wait, there’s more! The situation continued to escalate, with Iran retaliating and Israel doubling down on its attacks. Meanwhile, Donald Trump was over there shouting, “Hey, Iran, make a nuclear deal already!” Yeah, because that’s exactly how diplomacy works. 🙄

Despite all the hubbub, bitcoin’s price managed to recover a bit, hovering around $104,000-$105,000 for a few days. Then, on Tuesday, it suddenly skyrocketed to $109,000, only to drop back down to $103,500. I mean, seriously, can’t it just make up its mind? 🤪

The US Fed had a meeting on Wednesday, and to no one’s surprise, they decided to leave interest rates unchanged. Yawn. Bitcoin’s price remained flat at around $104,000, because who needs excitement, anyway? 😴

But then, on Friday, something strange happened. Bitcoin’s price started to rise, and before we knew it, it had spiked above $106,000 for the second time that week. And that’s where it’s currently sitting, looking all smug and self-satisfied. 😏

Now, let’s talk about the real winners and losers of the week. WBT set a new all-time high, because who doesn’t love a good underdog story? 🐕 It’s up 45% for the week, while Bitcoin Cash and UNI trail behind with 17% and 6.6% surges, respectively. Meanwhile, HYPE, ADA, SUI, and DOT are all down in the dumps, with losses ranging from 5% to 7%. Better luck next time, folks! 🤞

And finally, here are some juicy market stats for you to sink your teeth into:

Market Cap: $3.406T | 24H Vol: $103B | BTC Dominance: 61.8%

BTC: $106,100 (+1.2%) | ETH: $2,560 (+0.8%) | XRP: $2.17 (+1.5%)

Oh, and don’t forget to check out these thrilling headlines:

Justin Sun’s Tron to Go Public in the US: Report. Because who doesn’t love a good IPO? 🤑

GENIUS Act Clears Senate, Setting the Stage for Stablecoin Oversight. Yay, more regulations! 🎉

Ethereum Breaks Records: 35M ETH Staked, 22.8M Held Long-Term. Because who needs to sell their ETH, anyway? 🤷‍♀️

Not Enough Bitcoin: What Does The Skyrocketing Ancient BTC Supply Tell Us? Um, maybe that we’re running out of bitcoin? 🤔

Bitcoin at $100K Shows Institutional Dominance, Not Retail FOMO. Yeah, because institutions are just so much more fun than retail investors. 😜

They Keep Buying: Strategy, Metaplanet, Genius. Because who doesn’t love a good buying spree? 🛍️

And that’s all for this week, folks! Stay wild, and we’ll catch you on the flip side! 🎉

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2025-06-20 17:23