#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
General Crypto Market and BTC Effect
There are declines in the general crypto market, and this is closely related to Bitcoin (BTC) price movements.
* General Decline: BTC has fallen by 1.87% to 2.68% in the last 24 hours, altcoins are also experiencing similar declines.
* BTC's Decisiveness: Bitcoin's recovery can generally increase investor confidence in the entire crypto market, bringing the uptrend back. Altcoins usually follow BTC.
* Corrections are Normal: Crypto markets are volatile; corrections are expected after increases.
* Reasons for the Decline (Summary): Macroeconomic factors such as inflation, interest rates, regulatory uncertainties, and institutional investor behavior affect the market.
* Uptrend and BTC: When BTC shows a strong recovery, market confidence comes, and then altcoin season usually begins.
After a strong pump and breaking through the monthly key point, today's close ( monthly ) needs to maintain this trend.
Reached 68 dollars and backtested the monthly numbers 46.6 - 41.40
46.6 is the monthly support
41.4 is the weekly/monthly support
It would be great if it can stay above 51 dollars
At least, it needs to hold above 46.6 dollars.