It feels a little bit strange because yesterday was a red day for the general cryptocurrency. It started with Bitcoin dumping below $70,000, but then as the Americans woke up, things got better. And yes, that isn't a coincidence. Yesterday was a record day for the Bitcoin ETFs with more than $1 billion inflow on March 12, making it a record day.
That number makes up for more than 14,000 Bitcoin. Do you remember what I wrote about yesterday, that only 900 BTC are made per day? And then the ETF market bought 14,000 yesterday?! Of course, other people are selling, but this is doomed to head upward. As a result, I have decided to spend my daily STEPN earnings to buy BTC. Of course, that isn't much, but if I spend $5 per day buying Bitcoin, that might become a lot sometime in the future.
This is going to be so interesting... it is hard to find something bearish about Bitcoin right now.
It would be cool if Blurt would keep up and pump upwards as well, don't you think?
In less than six hours it is time for the Dencun upgrade for Ethereum, which I also find bullish, especially for the layer-two blockchains :)
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