đš Bitcoin Update
Despite mounting global uncertainties, Bitcoin remains strong above $60K! đȘ
Challenges faced this week:
Trade tensions & tariff worries
US recession concerns
FUD around MicroStrategy & Binance
Ethereum Foundation selling pressure
Geopolitical conflicts: Iran & US, China/Taiwan
DeFi exploits & crypto hacks
Market shocks: bank collapses, VC unlocks, ETF outflows
Stablecoin volatility: USDT/USDC depegs
Whale fund movements & miner capitulation
Regulatory & tech concerns: SEC enforcement, quantum computing
No relief from rate cuts
Still, Bitcoin holds strong â a testament to crypto resilience! đ